Logistics experts say it was impossible for major parcel carriers and USPS to overhaul their operations in a matter of days.
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
“De minimis” rules, which state that incoming goods under a certain value are not subject to import duties, were temporarily suspended by the US but reinstated within a week. A rule change was ...
A provision of the Tariff Act of 1930, the de minimis rule was originally implemented to allow American tourists to send back goods they bought overseas tax-free. Congress increased the minimum ...
The House committee report also claims Temu’s reliance on the de minimis provision makes it harder to check whether it’s complying with federal rules, including a ban on Chinese goods made ...
Even before Trump was sworn in last month, de minimis was being targeted for change. The Biden administration proposed a new rule last fall to close the loophole. And U.S. agencies and politicians ...
Around 80 per cent of all e-commerce shipments into the U.S. use de minimis, according to a 2022 U.S. congressional research report. The popularity of the exemption has also brought scrutiny: Some ...
*Executive order to end duty-free entry for cheap Chinese goods caught package carriers off guard *U.S. Postal Service has no system in place to collect tariffs or remit them to U.S. government ...