Online shopping giants Temu and Shein have experienced a sustained decline in US sales following President Donald Trump’s ...
Using tariffs to balance trade is a falsely founded idea. The US' trade deficit with China has declined since 2018, but its total deficit in goods trade has increased by 50 percent from 2017 to reach ...
“President Trump’s order directs agencies to examine not only the effects of these practices and their contribution to the U.S. trade deficit but also to propose solutions such as penalty tariffs and ...
US shoppers shared screenshots with BI showing the import fees they were asked to pay to receive their packages, some as high ...
The Trump administration delayed the suspension of the so-called de minimis provision, which allows packages worth less than ...
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...
Both sites grew exponentially in the U.S. in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than $800 from import duties. A June 2023 report ...
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
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