Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
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 Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
Trump on Saturday suspended the exemption as part of new tariffs that include an additional 10% tax on Chinese goods. The nearly century-old exception, known as de minimis, has been used by many ...