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 ...

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

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.

President Donald Trump is considering changing a key US trade benefit to other nations, the “de minimis” exemption on import tariffs, as he accuses ...

While this proposed legislation aims to close existing loopholes that may currently benefit foreign companies ... for businesses that were previously accustomed to a simplified import regime. For ...

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

(Reuters) - President Donald Trump is considering changing a key U.S. trade benefit to other nations ... in the world: the EU de minimis threshold, for example, is 150 euros ($156).

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.

(Reuters) -President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on ... It is one of the most generous such exemptions in the world: the ...