U.S. Ends De Minimis Trade Exemption for China
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 goods to enter the United States duty-free and with minimal customs inspection.
If you buy from fast fashion brands like SHEIN and Temu, you can still receive your items but expect to pay a little more for ...
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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Will All Your Packages From China Now Have a $30 Surcharge?Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
President Donald Trump announced his promised tariffs on Saturday and paused those levied against Mexico and Canada on Monday for 30 days. In addition to ...
President Trump moved to close a loophole that has fuelled a boom in cheap goods being shipped from China to the U.S. WSJ’s ...
In a matter of hours, USPS suspended and then resumed accepting packages from China and Hong Kong after Trump's tariffs went ...
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher prices and delays for shipments.
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