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 ...

U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...

President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on ...

The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...

While this proposed legislation aims to close existing loopholes that may currently benefit foreign companies ... to a simplified import regime. For example, in the U.K. and EU, the removal of de ...

If implemented, goods subject to 201, 232 and 301 tariffs would no longer be able to claim the exemption and avoid duties.

President Donald Trump is considering changing a key US trade benefit to other nations, the “de minimis” exemption on import tariffs, as he accuses ...

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.

(Reuters) -President Donald Trump is considering changing a key U.S. trade benefit to other nations ... of the most generous such exemptions in the world: the EU de minimis threshold, for example, is ...