The de minimis exemption allowed low-value imports to enter the country duty-free. Its removal changes the economics of cross ...
UPS CEO Carol Tomé said that many average people turned to the company to ship things to the US when the de minimis exemption ended.
Discover the De Minimis Tax Rule's definition, calculation, and examples, plus learn how it affects capital gains tax on ...
Tariff exemptions for packages shipped to the U.S. worth $800 or less are set to end this week. In July, President Trump signed an executive order to suspend the “de minimis” tax exemption rule, which ...
As parcel carriers try to help shippers navigate U.S. regulatory changes, experts say there are ways to limit negative ...
UPS has been racing to automate customs clearance to soften the blow. Packages requiring clearance have surged from 13,000 a ...
WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...
President Donald Trump’s flip-flopping on trade issues has proponents of de minimis reform up in arms. At a virtual press conference on Wednesday, U.S. Representative Rosa DeLauro (D-Conn.) ...
After Doris Kochanek retired in her Ottawa, Canada, suburb, her friends and family convinced her to start an Etsy shop, using her woodworking skills to make walnut candle holders and other housewares.
President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2. Wednesday's announcement, which came alongside a set of sweeping new tariffs, ...
WASHINGTON – As part of President Trump’s sweeping reciprocal tariff actions yesterday, the Administration eliminated duty-free de minimis status for low-value imports from China. The executive order ...
Wall Street expects the parcel delivery giant to post earnings of $1.31 per share on revenue of $20.84 billion. ・Last month, ...
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