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 ...
President Trump's Saturday executive order placing tariffs on goods from China, Canada, and Mexico sent shockwaves through global markets. Another part of the order to halt the de minimis ...
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 ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
(Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's ...
Trump’s tariffs could change that. Trump’s tariff orders reversed a long-standing shipping loophole: the de minimis exemption. The rule allowed international exporters to ship packages worth ...
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 ...
The decision was tied to President Donald Trump announcing new tariffs that also target a popular trade loophole called "de minimis." The de minimis trade exemption is a provision in U.S. trade ...
"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 ...
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 valued under $800 to bypass ...
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 ...