*Executive order to end duty-free entry for cheap Chinese goods caught package carriers off guard *U.S. Postal Service has no system in place to collect tariffs or remit them to U.S. government ...
President Donald Trump’s 25% tariffs on imports from Canada and Mexico took effect Tuesday. But actually collecting them is ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...
President Trump signed executive orders imposing additional tariffs on Canada, Mexico, and China under the International ...
Trump Closed a Loophole for Low-Cost Imports ‒ Until All Hell Broke Loose By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry ...