U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
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 Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
China-based e-commerce platforms built multi-billion dollar businesses by exploiting a customs loophole. That loophole – Section 321 'de minimis' thresholds – is now closed, and with it, the current ...
The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive ...
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free, a move that helps low-cost ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...