U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...

The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...

President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on ...

China-based e-commerce platforms built multi-billion dollar businesses by exploiting a customs loophole. That loophole – Section 321 'de minimis' thresholds – is now closed, and with it, the current ...

The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher ...

It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.

Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...

As part of new tariffs on Chinese imports, President Donald Trump eliminated an exemption for small packages, vastly ...

If implemented, goods subject to 201, 232 and 301 tariffs would no longer be able to claim the exemption and avoid duties.

It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.

The Chinese fast-fashion giants will get slapped with a 10% tariff — but the end of a longtime trade loophole could hit them ...