They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
The ATA's chief economist also expects changing freight patterns in trucking if the USTR's proposed port fees on Chinese ...
While it was beneficial for consumers who wanted to order a small item for their home without paying huge tariffs, it was greatly overutilized by the fast-fashion industry. Shipments under $800 rose ...
A US coalition claims the de minimis rule is being manipulated by corporations and retailers to import counterfeit apparel and other goods into the US duty-free. Credit: zmotions/Shutterstock. The ...
The de minimis rule, which allows goods valued at $800 or less to enter the U.S. duty-free, has sparked debate due to its potential impact on U.S. businesses and tariff revenue. While some argue ...
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
The new tariffs will apply in addition to any other duties, fees, exactions, and charges applicable to the covered imports. The tariffs apply to products that are entered for consumption, or ...
The move would allow Chinese exporters to significantly cut their shipping costs in a post-de minimis world, though it would also mean slower deliveries. “It would reduce costs at every stage ...
Few of the factory owners in this ramshackle part of Guangzhou in southern China have any idea what the “de minimis exemption” is or how it affects the level of tariffs their products face ...
When the White House announced China would no longer be able to benefit from the de minimis exemption that allowed packages valued under $800 to be imported duty free, the air cargo industry was left ...
Harley Finkelstein threw his support Tuesday behind the de minimis exemption, which global businesses use to ship packages valued at less than $800 to the U.S. without having to pay duties. The 25 per ...