President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...

Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping ...

The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive ...

The tariffs are targeting a rule that allows Chinese retailers like Shein and Temu to avoid paying duties on packages worth $800 or less.

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 ... rather than ...

For example, in the U.K. and EU, the removal of de minimis thresholds for tax purposes has meant that all incoming goods are now subject to a value-added tax (VAT). Canada has also introduced stricter ...

It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). More than one hundred countries around the world have some kind of de ...

US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...