What the 90-day U.S.-China tariff reduction means for businesses 09:33. The "de minimis" tariff rate on low-value parcels from China will come down to 54% from 120%, the White House said in an ...

The White House closed the so-called de minimis tariff loophole for lower-value Chinese imports Friday but also waived a customs rule that will make collecting those tariffs very difficult, trade e… ...

The US Senate has approved a comprehensive budget reconciliation bill that contains a provision to permanently end the ‘de ...

With just days to go before China's access to the de minimis trade exception is cut off, the Trump administration has quietly changed its policy on how shipments will be processed for entry into ...

The de minimis tax rules are out of date; but the UK government will have to address many challenges if it is to move to a fairer ... has been a significant policy in both the UK and the EU, aimed at ...

The de minimis exemption was introduced in 1938 to reduce duties, fees, and other taxes on certain imported goods with a value of $1 or less, before the threshold was raised to $8 in 1978, $200 in ...

The de minimis exemption — a policy that makes shipments into the U.S. worth less than $800 duty-free — is set to end for shipments from China on May 2.

As of Friday, Chinese imports that would have previously fallen under the de minimis exemption are “subject to a duty rate of either 30% of their value or $25 per item (increasing to $50 per ...