Many smaller Canadian businesses depend on the rule that allows shipments valued under US$800 to enter the country duty-free ...
Ending de minimis requirements altogether could mean more paperwork, longer processing times, and higher costs for everyone ...
Sourcing Journal on MSN3d
EU Commission Proposes Suspending Duty Exemption for Low-Value ImportsMuch like other jurisdictions, the bloc is beginning to examine how the unfettered entry of low-cost e-commerce parcels ...
Chinese parcels make up two-thirds of de minimis imports exempt from customs taxes. But cost of processing would outweigh the tax collected In the blizzard of trade rules introduced by US President ...
Chinese-founded Shein has abandoned plans to open a UK warehouse as doubts mount over its planned blockbuster London listing.
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...
Update: On February 11, 2025, acting SEC Chairman Mark Uyeda issued a statement changing the SEC’s position on the Final ...
The e-tailers SHEIN and TEMU are particularly affected by Brussel’s advance, as are Amazon and Etsy. No customs duties are ...
According to Xeneta, air freight transport started 2025 with growth below expectations. Demand increased by two percent in ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
Over the years, Congress has revised the de minimis threshold several times. Starting in the 1990s, the U.S. began using the exemption — also referred to as Section 321 — to minimize transaction costs ...
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