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Trump reinstates tariff exemption for certain cheap shipments – for now
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free, a move that helps low-cost shopping sites from China that sell everything from fast fashion to furniture.
Trump pauses tariffs on millions of low-value packages from China
WASHINGTON (AP) — President Donald Trump has paused imposing tariffs on small-value packages arriving from China, apparently to give federal agencies time to sort out how to process millions of such shipments that have come through the U.S. border every day without paying taxes.
Trump delays removal of tariff exemption for cheaper imports
Days after signing an order to revoke the de minimis exemption, the president opted to let it continue until the U.S. government has a system for collecting tariffs on Chinese goods.
Trump tariffs hit China: See how tariffs work, which goods are impacted
China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small package loophole
Donald Trump pauses tariffs on low-cost parcels in US-China trade reprieve
President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every day.
Trump signs order delaying tariffs on de minimis imports from China
U.S. President Donald Trump on Friday signed an executive order delaying tariffs on de minimis, or low-cost, packages from China until the Commerce Department can confirm that procedures and systems are in place to process packages and collect tariff revenue.
3d
on MSN
How Do Tariffs Work? Who Pays, Who Collects and More
US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s ...
The Economist
1d
Tariff uncertainty can be as ruinous as tariffs themselves
Whatever its geopolitical merits, the madman theory transfers badly to economics. Crazy leaders are hard to predict.
2d
A tariff loophole is closing. Why that matters for Shein, Temu and other Chinese online retailers
A decision by President Trump to close a tariff loophole could change the landscape of online shopping, particularly for the ...
JD Supra
3d
Customs Fraud May Bring a New Wave of False Claims Act Cases
President Trump imposed 25% tariffs on most imports from Canada and Mexico, as well as 10% tariffs on Canadian energy ...
Journalist's Resource
6d
Covering Trump’s proposed tariffs? Here are 4 things you need to know
The Journalist's Resource and Econofact recently hosted a webinar on covering tariffs. Watch the recording and read key ...
4d
on MSN
Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...
Moneylife
6d
Budget 2025: Indirect Tax and Customs Duty Reforms
The Union Budget 2025-26, presented by finance minister Nirmala Sitharaman introduces significant changes to the customs ...
11h
on MSN
'Reciprocal' tariffs on every country to be announced next week, Trump says
President Donald Trump shifts from his previous threat to impose an across-the-board tariff on all imports from across the world.
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