President Trump moved to close a loophole that has fuelled a boom in cheap goods being shipped from China to the U.S. WSJ’s ...
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 ...
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Sourcing Journal on MSNWill All Your Packages From China Now Have a $30 Surcharge?Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
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Sourcing Journal on MSNTrump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive ...
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