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Trump revokes de minimis privilege for global e-commerce imports
The Trump administration is wiping out duty-free treatment for low-cost imports shipped by e-commerce retailers direct to consumers as it ratchets up tariffs on countries around the world. The post Trump revokes de minimis privilege for global e-commerce imports appeared first on FreightWaves.
President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.
The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the ...
Meanwhile, the eradication of the exemption for shipments from China and Hong Kong is roiling the air cargo sector, according ...
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 ...
The de minimis rule had allowed small companies to avoid duties and complex paperwork on small-scale imports. Now, it's going ...
The words 'de minimis exemption' may not be familiar to all Canadians, but the American government’s move to scrap that ...
On July 30, the White House issued three executive orders in another flurry of changes to the tariff landscape. As a result of the executive ...
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