President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
By David Lawder, Helen Reid, Lisa Baertlein and Lisa Barrington WASHINGTON/LONDON/LOS ANGELES (Reuters) -U.S. President ...
Temu increasingly surfaced products shipped from U.S. warehouses after President Donald Trump revoked a key tax loophole ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
Chinese packages under $800 were exempt from tariffs due to the "de minimis" exemption, now ended under new U.S. rules that ...
The closure of the de minimis loophole by the U.S. affects consumers buying low-cost items from China, disproportionately impacting lower-income and minority communities. Economists predict a $10.9 ...
The tariffs are targeting a rule that allows Chinese retailers like Shein and Temu to avoid paying duties on packages worth $800 or less.
Temu has previously denied that its growth is dependent upon de minimis. Shein previously told CNBC that import compliance is a "top priority." Shein's executive chairman, Donald Tang, has also ...