The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
While this proposed legislation aims to close existing loopholes that may currently benefit foreign companies, it also risks creating unintended barriers that could hinder international trade and ...
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De Minimis Reform Remains Elusive as 2024 Comes to a CloseWhile some U.S. businesses drop ship directly to consumers from their overseas suppliers' factories, taking advantage of the de minimis benefit themselves, many believe that foreign platforms like ...
(Reuters) -President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade practices and ...
The US proposed a new regulation on Monday to strengthen oversight of low-value imports under the de minimis rule, which exempts goods valued at US$800 or less from duties and stringent screening.
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