Canadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald ...
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Days after U.S. President Donald Trump ended duty-free entry for cheap Chinese goods entering the U.S., his administration ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
Ending de minimis requirements altogether could mean more paperwork, longer processing times, and higher costs for everyone ...
(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 ...
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 ...
Trump Closed a Loophole for Low-Cost Imports ‒ Until All Hell Broke Loose By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry ...
Shopify president Harley Finkelstein spoke out in favor of de minimis on Tuesday, saying that countries should make it easier to sell low-cost items cross-border. An executive order issued by ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage. A trade loophole called de minimis helped drive explosive ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
Both sites grew exponentially in the U.S. in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than $800 from import duties. A June 2023 report ...