And at the heart of that debate, in recent months, is Section 321, otherwise known as the de minimis trade exception ... which deal in cheap goods valued well below the threshold for duty-free ...
As of now, Cunnane advocates for a reduction of the de minimis threshold to $10 ... Share your thoughts in the comments below and don’t forget to subscribe for more updates on the latest ...
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
Shein and Temu's sales slowed in the weeks after President Donald Trump announced tariffs and said he'd close the de minimis loophole, February data from Earnest Analytics showed. Shein seemed to ...
Moreover, despite Canada’s lower de minimis threshold, Temu became the top downloaded shopping app within a month of its 2023 launch, showing that market dynamics, not just tariffs, drive ...