Trump closes de minimis loophole for China
The import threshold exemption cited most often as a loophole for allowing e-bikes and lithium-ion batteries to enter the U.S. marketplace without scrutiny no longer will apply to those products valued at under $800 coming from China and Canada beginning Tuesday.
The Canadian Press on MSN1d
What is the de minimis exemption? Why Canadian businesses fret over its fateCanadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
Sourcing Journal on MSN3d
Trump 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 ...
5hon MSN
U.S. tariffs are already taking a toll on several small Canadian businesses. All Canadian companies that ship products made ...
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
The U.S. has been importing about three million parcels a day with little customs inspection, raising concerns about the ease ...
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