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President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...
Section 321, also known as de minimis, allows importers to avoid paying duty and tax on shipments that are valued at less than $800 and going directly to customers. Shippers using de minimis do ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
"This is causing chaos at all levels, " said Andrew K. McAllister, a partner at law firm Holland & Knight in Washington, D.C. The de minimis exemption has been around since 1930, when the ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping ...
Along with blanket tariffs on goods from China, Canada, and Mexico, Donald Trump has proposed closing the de minimis exception claimed by ultracheap retailers with roots in China. Along with ...
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Sourcing Journal on MSNTrump Took on De Minimis. But Will It Stick?President Donald Trump signed an executive order levying duties on goods from Canada, Mexico and China. Nestled within that ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping them ...
Another thing that makes a business like this viable, or at least theoretically viable, is something called the de minimis tariff exemption, which allows some packages under the value of $800 ...
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