Tension between the US and China in the way of global trade escalated this week after US president Donald Trump announced new ...
What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value ...
Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
President Trump scrapped the de minimis rule, a provision that allowed low-cost goods, like clothing from e-commerce sites, ...