President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid ...

The president signed an executive order to end de minimis entry for goods inbound from China, effective May 2. The provision, ...

That’s thanks to US President Donald Trump signing an executive order on April 2 to close a tariff loophole for “de minimis” merchandise from China and Hong Kong. The phrase — which ...

The de minimis provision has been around since the 1930s, but the threshold has increased over the years. It’s meant to ease trade and help out consumers, Clark Packard, a trade policy research ...

That rate will increase to $50 per item on June 1, the White House said. Use of the de minimis provision has exploded in recent years as shoppers flock to Chinese e-commerce companies Temu and ...

Good from brands like Shein have been imported using the de minimis provision until now (Copyright 2023 The Associated Press. All rights reserved) From reproductive ...

President Donald Trump's new tariffs include a provision ending a loophole that benefited online Chinese retailers.

Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...

Use of the de minimis provision has exploded in recent years as shoppers flock to Chinese e-commerce companies Temu and Shein, which offer ultra-low cost apparel, electronics and other items.

President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Wednesday's announcement, which came alongside a set of sweeping new tariffs ...