Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de ...
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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Sourcing Journal on MSNTrump Hits Pause On China De Minimis BanFriday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect ...
Rep. Rosa DeLauro says the Trump administration has retreated from removing a lucrative tariff exemption for low-value e-commerce goods made in China. In its haste to crack down on duty evasion and ...
Neil Saunders, of GlobalData, said the removal of the de minimis benefit was “potentially very disruptive”, adding that it had “the potential to dampen investor sentiment”. Although the ...
As per data provided by the US Customs and Border Protection, goods worth over $47 billion were shipped into the US after qualifying for the de minimis benefit. This has allowed platforms like ...
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