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 ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
Statement by NCTO President and CEO Kim Glas: “We welcome CBP’s announced notice of proposed rulemaking exempting de minimis tariff-free benefits on imports ‘specified as trade and national security ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
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Yen on MSNShein, Temu face cost of adapting to new US customs rulesUS tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of ...
US President Donald Trump's recent decision to suspend the 'de minimis exemption' for Chinese imports has drawn attention to a key mechanism in international trade. The move is part of a broader ...
Chinese e-commerce giants Shein and Temu are due to face disruptions to their business models amid U.S. tariffs on imports ...
Temu is going “local” after the US President raised tariffs by 10% on all imports from China. President Trump removed the “de minimis exemption” this week, citing it creates an uneven playing field ...
The cross-border e-commerce logistics ecosystem, including cargo airlines, is bracing for a downturn in business after the ...
Trump Majeure’ clauses are among the ways brands are navigating the uncertainty of US trade policy under the new ...
Donald Trump's last trade war with China allowed Shein and Temu to become e-commerce giants during a cost-of-living crisis.
Shein's executive chairman, Donald Tang, has also said he supports efforts to reform de minimis, saying it needs a "complete makeover." Amazon, eBay and Etsy could stand to benefit from the Trump ...
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