De minimis shipments have grown significantly in the U.S., from 139 million packages in Fiscal Year 2015 to over 1 billion packages today. This is the result of e-commerce companies such as Shein and ...
The world got a vivid picture of how this de minimis rule works back in February when President Donald Trump ended the exemption, quickly causing a backlog of packages that needed US recipients to ...
The de minimis exemption - which allowed packages worth less than US$800 to enter the US tariff-free - has played a big role in fuelling the success of Chinese e-commerce platforms such as Shein ...
More than 90% of all packages coming into the U.S. now enter via de minimis. Of those, about 60% come from China, led by direct-to-consumer retailers such as Temu and Shein. Trump campaigned on a ...
De minimis thresholds are set by each country and imported goods below those values do not attract tax or duties. It is a scheme that works very well to support global ecommerce, which typically ...
The de minimis exemption will temporarily remain in place for products from Canada and Mexico even when U.S. tariffs on those countries take effect Tuesday. The exemption, which allows U.S ...
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 ...
The U.S. government has announced a temporary reprieve for imports from Canada and Mexico, as the planned removal of the de minimis exemption for low-value shipments remains on hold. The exemption, ...
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