According to CNBC, the nearly century-old exception, known as de minimis, has been used by many e-commerce companies to send ...
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing, ...
By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry for ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
What Is The De Minimis Rule, And Why Does It Matter For Temu And Shein? A provision of the Tariff Act of 1930, it was ...
The abrupt closure of the de minimis loophole by the U.S. government is set to raise prices for American consumers purchasing affordable items from direct-from-China shopping sites like Shein and Temu ...
Beijing’s request for U.S. trade consultations came as confusion reigned among shippers and retailers over Trump’s closure of the “de minimis” exemption for package imports valued under $800 and ...
The about-face added to the growing confusion among retailers and express shipping firms over how to deal with Trump’s new 10% tariff on imports from China and his closure of the “de minimis ...
When U.S. President Donald Trump threatened to place 25 per cent tariffs on Canadian goods last week, organic snack foods company Made with Local stopped accepting orders from customers south of ...
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 ...