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 ...
In a post on X (formerly Twitter), Goyal wrote that the talks focused on advancing negotiations on the Comprehensive Economic Partnership Agreement (CEPA), strengthening trade and investment ties ...
Jan 23 (Reuters) - President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on ...
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 ...
The U.S. government has recently proposed new bipartisan legislation aimed at restricting de minimis provisions for textiles and apparel imports. De minimis provisions play a crucial role in ...
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 ...