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This means the U.S. auto industry won't be completely free from tariff hell. Models underpinned by components sourced from ...
While its rapid success is partly due to its strategies, Temu has also benefited from the de minimis tariff policy, which exempts goods valued under USD 800 from US import duties if ... security ...
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
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 ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
Opponents of the provision have argued that since de minimis shipments are often not inspected, they have allowed bad actors to import illicit goods like fentanyl into the US. Saturday's executive ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...