News

What’s the De Minimis Tariff Loophole Trump Is Closing?
A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines. That’s ...
Sourcing Journal on MSN36m
Trump Drives Another Nail Into De Minimis
The president issued a new executive order upping tariffs on small shipments that would have once qualified for duty-free ...
JD Supra6d
President Trump Announces Significant Reciprocal Tariffs and Elimination of De Minimis Exemption
President Donald Trump issued an executive order (the Reciprocal Tariffs Executive Order or Executive Order) imposing a 10% ...
Yahoo Finance6d
Here’s How the Demise of De Minimis Could Impact E-Commerce and Resale
The president signed an executive order to end de minimis entry for goods inbound from China, effective May 2. The provision, often called a “loophole” in the industry, currently allows ...
Business Insider7d
The end of the de minimis exemption is already badly hurting some of China's biggest e-commerce sites
Trump ended de minimis tariff exemptions for packages from China and Hong Kong. Chinese e-commerce stocks like Alibaba and JD.com fell after the announcement. There were 1.36 billion de minimis ...