Trump closes de minimis loophole for China
The import threshold exemption cited most often as a loophole for allowing e-bikes and lithium-ion batteries to enter the U.S. marketplace without scrutiny no longer will apply to those products valued at under $800 coming from China and Canada beginning Tuesday.
The Canadian Press on MSN14h
What is the de minimis exemption? Why Canadian businesses fret over its fateCanadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald Trump is promising to apply in a few weeks.
Sourcing Journal on MSN3d
Trump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive ...
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