Brands feel like 'collateral damage' after Trump delayed closing the de minimis tax loophole
Trump's de minimis delay leaves DTC brands in turmoil, struggling to plan amid sudden policy changes.
Shopify president says tax exemptions like de minimis are 'crucial' for small businesses
Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
Tariffs Will Cause Pain For The Transportation Sector
The transportation sector will be impacted by Trump's new tariff regime. Parcel consolidators and freight forwarders - like ...
JD Supra22d
CBP Proposes Rule that Would Eliminate Section 321 De Minimis Exemption Eligibility for Shipments Subject to Section 301 Tariffs
and 201 tariffs ineligible for the Section 321 de minimis exemption. CBP is requesting stakeholder input on both proposals. Public comments for the January 14, 2025 NPRM are due by March 17 ...
Reuters22d
What is De Minimis and why did Trump end it as part of China tariffs?
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. Trump accuses China ...
U.S. News & World Report22d
'De Minimis': the Trade Perk Trump Ended as Part of China Tariffs
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. Trump accuses China ...
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Shein Joins U.S. Customs Data Pilot for De Minimis Imports
U.S. Customs and Border Protection (CBP) put the program, called the Section 321 Data Pilot, into action in 2019. Section 321-more colloquially known as de minimis-stipulates that eligible ...
Yahoo Finance9d
Factbox-'De minimis': the trade perk Trump ended as part of China tariffs
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. Trump accuses China ...