Trump Reinstates ‘De Minimis’ Tariff Exemption For Shipments Under $800—Boosting Shein And Temu
President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or tariffs, a component of the 10% tariff on Chinese imports that took effect Tuesday—a move that threatened discount Chinese retailers Temu and Shein.
Trump signs order delaying tariffs on de minimis imports from China
U.S. President Donald Trump on Friday signed an executive order delaying tariffs on de minimis, or low-cost, packages from China until the Commerce Department can confirm that procedures and systems are in place to process packages and collect tariff revenue.
UPS and DHL shipments are arriving with fees ranging from $20 to nearly $200, prompting Trump to temporarily reinstate a tax ...
In a confirmation hearing on Thursday, Trump's U.S. trade representative nominee Jamieson Greer said other countries will ...
China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small ...
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Prime Minister Justin Trudeau said Friday that Canada must think “tactically and strategically” on how to deal with U.S.
Tariffs help spur U.S. manufacturing by discouraging U.S. companies from importing goods made in countries with low ...
Consumer sentiment continued to fall in February as worries over inflation and the possibility of higher prices to come from ...
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...
The ICE U.S. Dollar Index was up 0.4% in recent trading after the latest reports about President Donald Trump's tariff plans.
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