President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Impact Link Some brand owners feel like "collateral damage" in a global trade war after the Trump administration temporarily reversed its decision to end de minimis shipments. The sudden reversal ...
Current U.S. de minimis requirements allow any individual or business in the U.S. to receive up to $800 in imports per day without paying tariffs, effectively meaning any shipment valued under $800 ...
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 ...
(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 ...
While the pause opens up another front in the president’s promised trade war, the delay on closing the so-called de minimis loophole has businesses scrambling to make preparations and policy ...
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Sourcing Journal on MSNWhat's Behind Trump's De Minimis Reversal, And Is Shein In the Clear?The president walked back an executive order banning shipments originating in China from de minimis treatment over a week ago ...
The de minimis exemption is back in play for products from China — for now. The exemption will end for such products once the Secretary of Commerce notifies Trump "that adequate systems are in ...
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