why is de minimis controversial? Contentions largely concern U.S. trade imbalances and the synthetic opioid fentanyl - which is fuelling a national epidemic that killed nearly 75,000 people in 2023.
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 ...
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 ...
1:49 Trump’s tariff eliminate the de minimis exemption When U.S. President Donald Trump threatened to place 25 per cent tariffs on Canadian goods last week, organic snack foods company Made with ...
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 ...
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 ...
WASHINGTON/LONDON/LOS ANGELES (Reuters) - U.S. President Donald Trump paused his administration's repeal of duty-free treatment of low-cost packages from China on Friday, giving the Commerce ...
What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value ...
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 ...
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