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 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 ...
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 ...