News

U.S. to End ‘De Minimis’ Tariff Loophole for Small Shipments
The U.S. will end the so-called “de minimis” tariff loophole that allows goods under $800 to enter the country duty-free, the White House said Wednesday. It had already halted the practice for Chinese ...
Trump just upped the tariff burden on American consumers – this time for low-cost goods from around the world
President Donald Trump signed an executive order on Wednesday ending the de minimis tariff exemption loophole, which will ...
Digital Camera World5h
Are cheap cameras are about to get more expensive? Tariff exemptions on goods less than $800 are ending at the end of this month
Low-cost products have long been exempt from high tariffs but, as the "de minimis" tariff exemption is slated to be axed at ...
U.S. to halt tariff exception for low-value parcels — a threat to eBay, Etsy trade
The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the ...
Trump closes de minimus tariff loophole for cheap imported items
Trump has suspended the de minimus exemption for tariffs on low-cost imported goods. Americans who shop sites like Temu, ...
Court Declines US Tariff Relief on Low-Cost Goods, for Now
A US trade court has for now denied an effort to restore a tariff exemption for small-value packages from China that President Donald Trump ended earlier this year.
UPS quarterly revenue and profit drop on China tariffs; shares fall
United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from ...
Trump wields tariffs for foreign policy leverage
President Trump aims to use a historic increase in tariffs, which he announced on July 31, to overhaul global trading ...