Latest in Minimis
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De minimis trade loophole that boosted Chinese online retailers to end May 2
President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2.NBC News - 1d -
De minimis trade loophole that boosted Chinese online retailers to end May 2
The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.CNBC - 1d -
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.The New York Times - 20h