U.S. Ends De Minimis Trade Exemption for China
What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value goods to enter the United States duty-free and with minimal customs inspection.
President Trump moved to close a loophole that has fuelled a boom in cheap goods being shipped from China to the U.S. WSJ’s ...
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
Donald Trump suspended a 100-year-old law this week that companies shipping online orders directly from China depended on. The de minimis exemption was used as a loophole by Temu, Shein, Amazon, and ...
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Trump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher prices and delays for shipments.
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