While it was beneficial for consumers who wanted to order a small item for their home without paying huge tariffs, it was greatly overutilized by the fast-fashion industry. Shipments under $800 rose ...

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.

The U.S. economy may be heading into another inflationary period as the Trump administration applies new tariffs to one of ...

Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...

For imports from China, an extra 10 percent tariff was introduced on top of the existing ones, and the de minimis exemption for Chinese products was revoked, only to be restored. However, these new ...

Shein and Temu's sales slowed in the weeks after President Donald Trump announced tariffs and said he'd close the de minimis ...

The de minimis rule, which allows goods valued at $800 or less to enter the U.S. duty-free, has sparked debate due to its potential impact on U.S. businesses and tariff revenue. While some argue ...

Despite the pause in President Trump’s executive order doing away with the de minimis provision, which has allowed foreign sellers to sidestep taxes on low-dollar shipments to the United States ...

Sánchez’s legislation would close the loophole on shipments from all countries, noted Pat Cunnane, an industry veteran who has long lobbied for de minimis reform. “This is a clean, clear bill that ...

The U.S. government has announced a temporary reprieve for imports from Canada and Mexico, as the planned removal of the de minimis exemption for low-value shipments remains on hold. The exemption, ...

If your total annual sales in Washington for a product category are under one ton or generate less than $1 million in gross revenue, you qualify as a de minimis producer. This category is exempt from ...