Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
Freight forwarder DSV is not expecting US changes to de minimis rules to result in changes to the e-commerce market out of ...
Another type of fringe benefit that isn't taxed is a de minimis benefit. This type of benefit has such a minimal value that employers would have a difficult time accounting for it. Among others ...
Feb 5 (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.
DSV is not expecting the US decision to stop the de minimis exemption for Chinese shipments to result in major changes to the e-commerce market ...
De minimis, a legal term referring to matters of little importance, describes the U.S. waiver of standard customs procedures and tariffs on imported items worth less than $800 that are shipped to ...
US President Donald Trump's recent decision to suspend the 'de minimis exemption' for Chinese imports has drawn attention to a key mechanism in international trade. The move is part of a broader ...
The proposed legislation would require CBP to collect more information about de minimis packages, facilitate the targeting and seizure of illicit goods, and increase penalties for bad actors. While ...