De minimis changes: Businesses, trade groups weigh in
Customs and Border Protection proposals to increase data requirements and limit the exemption's use drew a mixed response ...
Forever 21 says the 'de minimis' exemption used by Shein and Temu is partly responsible for its second bankruptcy
Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de ...
Shipping firm to pay $400K to settle claims it helped Chinese companies smuggle fentanyl into US
IMC Pro International, a North Carolina-based private shipping company, allegedly agreed to provide several Chinese companies ...
The Star29d
De minimis: China’s Shein workshops suffer as US tightens shipment rules
We cannot rule out the possibility that the Trump administration will expand the de minimis ban to more countries Sheng Lu, professor “Many US households and businesses have grown increasingly ...
National Bureau of Economic Research16d
Understanding De Minimis Imports
A range of firms who would have otherwise priced above the tax notch lower prices, implying a source of terms of trade gains for the country imposing de minimis. The empirical analysis identifies the ...
Companies21d
US coalition calls for permanent end to de minimis loophole
A US coalition claims the de minimis rule is being manipulated by corporations and retailers to import counterfeit apparel and other goods into the US duty-free. Credit: zmotions/Shutterstock. The ...
Opinion
Is banning exceptions on duty-free imports the answer? | Opinion
However, tariff evasion is a broader issue and is prevalent in non-de minimis imports as well. For instance, between 2009 and 2013, Ford misclassified Transit Connect cargo vans from Turkey as ...
IRS Welcomes Comments on Currency Rules for Small Partners
The IRS on Thursday asked for public comments on how the agency could make it easier for taxpayers with a small interest in a partnership to comply with the US’s foreign currency gain and loss rules.