Trump's pause on ending the de minimis exemption gives Chinese e-commerce giants Shein and Temu a temporary edge.
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...
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