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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The de minimis exemption, which had already been repealed for goods from China, will be repealed globally on August 29, adding duties to all imports.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 ...
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 US will suspend the de minimis exemption for low-value imports for all countries of origin from the end of August ...
Meanwhile, the eradication of the exemption for shipments from China and Hong Kong is roiling the air cargo sector, according ...
The de minimis rule had allowed small companies to avoid duties and complex paperwork on small-scale imports. Now, it's going ...
Duty-free exemption on small packages worth US$800 or less fuelled China’s dominance in the industry – but the model is now ...
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