Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
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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 tariffs, a ...
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Statista on MSNU.S. "De Minimis" Exemption One of the Highest in the WorldThis chart shows countries applying a "de minimis" exception of taxes and/or duties* for incoming shipments of smaller value.
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
But over the past decade, de minimis has loomed large: such shipments to the United States rose from 140 million in 2014 to 1 billion in 2023, according to the White House. About 100 countries ...
The decision was tied to President Donald Trump announcing new tariffs that also target a popular trade loophole called "de minimis ... re-exporting through other countries, such as Vietnam.
Trump Pauses De Minimis Repeal as Packages Pile up at US ... less than $800 that are shipped to individuals from foreign countries. Temu and Shein combined ship around 9,000 metric tons of cargo ...
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