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 on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or ...
Feb 5 (Reuters) - U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs.
The de minimis threshold was raised from $200 to $800 during President Barack Obama's tenure. The US has one of the most generous de minimis thresholds worldwide. For comparison, the European Union ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...
Shein and Temu won't meet an untimely end because of de minimis changes, e-commerce experts say. The logistics world has been expecting changes to the de minimis exemption for a while, and both ...
US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...
President Trump's Saturday executive order placing tariffs on goods from China, Canada, and Mexico sent shockwaves through global markets. Another part of the order to halt the de minimis ...
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