Few of the factory owners in this ramshackle part of Guangzhou in southern China have any idea what the “de minimis exemption” is or how it affects the level of tariffs their products face ...
A US coalition claims the de minimis rule is being manipulated by corporations and retailers to import counterfeit apparel and other goods into the US duty-free. Credit: zmotions/Shutterstock. The ...
In the medium term, companies-especially those dependent on de minimis-will have to examine their compliance capabilities. "They're going to have to look at informal entries, or potentially formal ...
Following President Trump’s removal of the de minimis exemption earlier this week, on Friday, February 7, 2025, President Trump issued an amendment to his original Executive Order and ...
The issue Russell was talking about is known as the de minimis exemption. It allows global businesses to ship packages valued at less than $800 to the U.S. without having to pay duties.
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