That’s thanks to US President Donald Trump signing an executive order on April 2 to close a tariff loophole for “de minimis” merchandise from China and Hong Kong. The phrase — which ...

Trump tariffs: Follow here for live updates on Wednesday What is 'de minimis' and what does it have to do with Temu and Shein? The de minimis exemption refers to Section 321 of the Tariff Act of ...

To understand the origin of the free-trade excesses that created record trade deficits and set in motion President Donald Trump’s tariff storm, consider the so-called de minimis exemption.

The de minimis exemption is set to end on May 2nd. The de minimis exemption is set to end on May 2nd. Mia Sato is platforms and communities reporter with five years of experience covering the ...

The U.S. de minimis exemption will end for products from China and Hong Kong on May 2, with other countries slated to follow, putting many direct-to-consumer supply chains in flux. The decades-old ...

Until then, prices will remain unchanged, it added. The two e-commerce sites have benefitted from a tax law loophole known as the "de minimis" exemption, which has allowed goods worth less than $ ...

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 ...

Shoppers at online stores like Shein and Temu could see higher prices and slower shipping times when a trade loophole known as "de minimis" closes, which is set to happen in May. The de minimis ...