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What is the 'de minimis exemption' to tariffs and why its end could have a huge impact on your wallet?Under the “de minimis” exemption ... fee incidence in direct-to-consumer trade disproportionately benefits the poor,” the authors wrote. Eliminating the exception, the report said, could ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de minimis benefits enumerated in RR 2- ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
(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 ...
Rather than an outright ban, a more effective approach involves targeted measures that balance trade facilitation, ...
She also noted that stripping just one country—China—of de minimis privileges will only ... added that “If only China is denied these benefits, they will simply transship through other ...
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 ...
It’s been 11 days since President Donald Trump hit pause on an executive order suspending de minimis treatment for shipments originating in China. And while the move has given shippers ...
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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