News

US ends tariff exemption for all low-value packages
The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the ...
Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals
President Donald Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper ...
Trump just upped the tariff burden on American consumers – this time for low-cost goods from around the world
President Donald Trump signed an executive order on Wednesday ending the de minimis tariff exemption loophole, which will ...
U.S. to halt tariff exception for low-value parcels — a threat to eBay, Etsy trade
The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the ...
Trump closes de minimus tariff loophole for cheap imported items
Trump has suspended the de minimus exemption for tariffs on low-cost imported goods. Americans who shop sites like Temu, ...
Court Declines US Tariff Relief on Low-Cost Goods, for Now
A US trade court has for now denied an effort to restore a tariff exemption for small-value packages from China that President Donald Trump ended earlier this year.
UPS quarterly revenue and profit drop on China tariffs; shares fall
United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from ...
De minimis’ end may boost intermodal cross-border activity
Meanwhile, the eradication of the exemption for shipments from China and Hong Kong is roiling the air cargo sector, according ...