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US apparel imports from China have plunged dramatically since April – and fashion companies plan further reductions.
Starting in 2027, the U.S. will end de minimis exemptions for all countries, as part of President Trump's sweeping One Big ...
But as of May 2, 2025, that advantage disappeared – at least for China and Hong Kong. That’s when the U.S. officially eliminated the exemption for low-priced imports from those places. Suddenly, cheap ...
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Sourcing Journal on MSNNCTO Urges House Leaders to Preserve Provision Ending De Minimis in Updated MegabillThe trade group lauded Senate lawmakers for choosing to leave the section that proposes ousting de minimis by 2027.
The Trump administration’s move to shut down a long-standing tariff loophole is already hammering Chinese exporters and ...
STORY: The end of America’s de minimis tax loophole for low-cost packages is roiling the global air cargo business.That ...
Commercial use of the trade tool allowing low-cost imports to avoid duties will be repealed as part of an expansive bill ...
The GOP’s big [tax-and-spending bill]( ...
So, using the 54% ad valorem duty as an example, the import tariff on your $20 dress would be $10.80 – costing you $30.80 in all. Of course, the May 12 modification comes with the usual disclaimer: It ...
As Trump’s latest trade war and tariff policies roll out, low-cost Asian retailers Temu and Shein can find ways to succeed ...
The Chinese government says it will tighten controls on key chemicals used to produce fentanyl, a move seen as a ...
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GlobalData on MSNUS textile group presses Congress to end de minimis in mega billThe US Senate has approved a comprehensive budget reconciliation bill that contains a provision to permanently end the ‘de ...
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