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 ...
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US coalition calls for permanent end to de minimis loopholeA collective of US entities, known as the Coalition to Close the De Minimis Loophole, has reached out to US President Donald ...
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
The Biden-Harris administration announced Friday that it is taking action to limit the number of imports eligible for the de minimis exception to American tariffs and customs inspection.
(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 ...
Few of the factory owners in this ramshackle part of Guangzhou in southern China have any idea what the “de minimis exemption” is or how it affects the level of tariffs their products face ...
Rep. Linda Sánchez on Tuesday introduced legislation to close the de minimus loophole that allows the duty-free importation of packages valued at under $800.
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