A supply chain analyst said on Monday (February 3) that e-commerce companies may be the worst hit from U.S. President Donald Trump’s 10% tariff on imports from China, as it also contains a clause that ...
Many items shipped from China or Hong Kong are likely to get more expensive and take longer to arrive now that an exemption that allowed items under $800 to arrive duty-free and with minimal ...
Lots has happened this past week in the tech world! With Google lifting the ban on AI use for weapon and surveillance use, ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
By David Lawder, Helen Reid, Lisa Baertlein and Lisa Barrington WASHINGTON/LONDON/LOS ANGELES (Reuters) - U.S. President ...
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 ...
The tariffs are targeting a rule that allows Chinese retailers like Shein and Temu to avoid paying duties on packages worth $800 or less.
Section 321, also known as de minimis, allows importers to avoid paying duty and tax on shipments that are valued at less than $800 and going directly to customers. Shippers using de minimis do ...
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 ...
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 ...
Along with blanket tariffs on goods from China, Canada, and Mexico, Donald Trump has proposed closing the de minimis exception claimed by ultracheap retailers with roots in China. Along with ...