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Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...
MANILA, Philippines — The head of a local retail trade association is calling for the repeal of de minimis provisions in the country’s e-commerce regulations, arguing that they foster unfair ...
US president Donald Trump has confirmed the duty–free 'de minimis' treatment of low-value imports from China and Hong Kong (valued at US$800 or less) will end as of May 2, 2025. All relevant postal ...
"In my 30 years in the air freight industry, I cannot remember any other unilateral trade policy decision with the potential to have such a profound impact on the market at a global level," said ...
The 34 per cent increase reflects a country-specific 24 per cent duty stacked onto a 10 per cent universal baseline. The baseline rate will take effect on April 5, while the higher rate will come ...
The "de minimis" trade rule allowed goods valued at US$800 and under to enter the U.S. duty-free, allowing bargain e-commerce sites such as China’s Shein to rapidly expand in the U.S. in recent years ...
Russia, which is under more than 28,595 different Western sanctions, has classified trade data since the start of the war. US goods imports from Russia totaled US$3.0 billion in 2024, down 34.2 ...
Why It Matters: Every day, 4 million de minimis shipments from China are processed by the U.S. Customs and Border Protection before being allowed into the country duty-free. Now, they will be ...
On Wednesday, Trump signed an executive order that ended “de minimis” treatment for small or low-value Chinese imports. That’s as Trump’s team is pushing ahead to close the trade loophole ...
De Minimis Exemption Terminated for PRC and Hong Kong Effective May 2, 2025, the United States will end the de minimis exemption for goods originating from the People’s Republic of China (PRC ...
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