President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
3don MSN
What Is The De Minimis Rule, And Why Does It Matter For Temu And Shein? A provision of the Tariff Act of 1930, it was ...
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
The US has temporarily reversed its decision to block the de minimis exemption allowing low-value packages to be imported ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
In fiscal 2022, 83 percent of total U.S. e-commerce imports used the loophole, known as de minimis, according to a government report. Also Tuesday, the U.S. Postal Service briefly suspended ...
U.S. President Donald Trump temporarily halted his administrations repeal of duty-free treatment for low-cost packages from ...
De minimis exemptions for Chinese goods have been restored per a Friday executive order from President Trump, pending Commerce Department assurances that customs officials can handle a massive influx ...
Trump had revoked the nearly century-old de minimis loophole in an executive order this month that imposed tariffs on China. The president imposed tariffs on Canada and Mexico at the same time but ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
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