The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de ...
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 ...
The US has temporarily reversed its decision to block the de minimis exemption allowing low-value packages to be imported ...
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 ...
Traders in China's export manufacturing hub of Yiwu shrugged off U.S. President Donald Trump's tariffs and moves against ...
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 ...
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 ...
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 elimination of the de minimis benefit meant that inexpensive goods from China would have to go through the traditional formal entry process for imports, which requires more information and ...
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 ...
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