The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
why is de minimis controversial? Contentions largely concern U.S. trade imbalances and the synthetic opioid fentanyl - which is fuelling a national epidemic that killed nearly 75,000 people in 2023.
Trump's halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on Canada and Mexico, which were paused for a month.
The Jan. 21 NPRM proposes that shipments valued at $800 or less and covered by Section 201, Section 232 or Section 301 tariffs be ineligible for the de minimis exemption. Importers of such goods ...
(Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's halt to ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...
The Entry of Low-Value Shipments NPRM proposes a new electronic entry process for de minimis shipments. Currently, low-value shipments may enter under the legacy “release from manifest ...
Jan 23 (Reuters) - President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade ...
US President Donald Trump's recent decision to suspend the 'de minimis exemption' for Chinese imports has drawn attention to a key mechanism in international trade. The move is part of a broader ...
U.S. Customs and Border Protection (CBP) on Monday announced the release of a Notice of Proposed Rulemaking (NPRM) that it says will boost its ability to intercept illegal de minimis packages.
The U.S. government has recently proposed new bipartisan legislation aimed at restricting de minimis provisions for textiles and apparel imports. De minimis provisions play a crucial role in ...