Shein and Temu got a taste of what it could be like once de minimis is gone for good
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
De minimis changes: Businesses, trade groups weigh in
Customs and Border Protection proposals to increase data requirements and limit the exemption's use drew a mixed response ...
An Obscure Trade Provision May Be Driving U.S. Factory Closures
They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
Temu is building an army of US sellers, hiring employees from Amazon and Walmart
Temu wants to boost its US seller base, and it's looking to e-commerce giants like Amazon for talent.
Wealth Professional3d
When trade tension gets tough, small firms get going—away from the US
CFIB found that 47 percent of small businesses no longer see the US as a reliable trading partner. While most US exporters ...
Opinion
Is banning exceptions on duty-free imports the answer? | Opinion
However, tariff evasion is a broader issue and is prevalent in non-de minimis imports as well. For instance, between 2009 and 2013, Ford misclassified Transit Connect cargo vans from Turkey as ...
Yahoo Finance27d
Trump delays de minimis’ end for Canada, Mexico products
The de minimis exemption will temporarily remain in place for products from Canada and Mexico even when U.S. tariffs on those countries take effect Tuesday. The exemption, which allows U.S ...
Forever 21 files for bankruptcy in U.S. for 2nd time
Forever 21's U.S. operator on Sunday filed for bankruptcy for the second time in six years and said it would wind down ...
National Bureau of Economic Research16d
Understanding De Minimis Imports
A range of firms who would have otherwise priced above the tax notch lower prices, implying a source of terms of trade gains for the country imposing de minimis. The empirical analysis identifies the ...