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 ...
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 ...
President Trump’s order imposing additional tariffs on China this week also suspended a popular trade exemption known as the ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more ...
What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value ...
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.
Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing ...
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...
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