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Chinese businesses are sending increasing volumes of goods to the US via south-east Asia in a bid to evade the tariff wall ...
The Trump administration’s move to shut down a long-standing tariff loophole is already hammering Chinese exporters and ...
The de minimis exemption was introduced as part of the Tariff Act of 1930 and was initially set at $200. It stayed at that level until 2016, when the U.S. bumped it up to $800.
Starting in 2027, the U.S. will end de minimis exemptions for all countries, as part of President Trump's sweeping One Big ...
But as of May 2, 2025, that advantage disappeared – at least for China and Hong Kong. That’s when the U.S. officially eliminated the exemption for low-priced imports from those places. Suddenly, cheap ...
Commercial use of the trade tool allowing low-cost imports to avoid duties will be repealed as part of an expansive bill ...
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Sourcing Journal on MSNNCTO Urges House Leaders to Preserve Provision Ending De Minimis in Updated MegabillThe trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
STORY: The end of America’s de minimis tax loophole for low-cost packages is roiling the global air cargo business.That ...
When an $80,000 tariff bill landed on her desk in May, Haley Pavone did what many small business owners might do: she froze ...
Donald Trump's tariff decisions have unsettled financial markets and created global economic uncertainty. Initially, tariffs ...
House of Representatives must still approve legislation, which also ends ‘de minimis’ customs protections, before sending it ...
The GOP’s big [tax-and-spending bill]( ...
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