2 days ago · A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...

3 days ago · China has long exploited the de minimis privilege to undercut U.S. manufacturers and retailers by flooding markets with low-cost goods and skirting customs enforcement. The number of Chinese imports coming into the U.S. under the de minimis policy has surged in recent years from 208 million packages in 2018 to more than 640 million in 2023 ...

1 day ago · A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay taxes and import duties.. But that now stands to change, after President Trump signed an executive order stating de minimis treatment “shall not be available” for …

3 hours ago · Topline. President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs ...

4 hours ago · The order reverses, at least for now, a decision that he made last Saturday, when he signed an executive order eliminating so-called de minimis treatment for goods from China. The de minimis rule ...

4 days ago · U.S. De Minimis Imports from China CBP estimates that from FY2018-FY2021, 67.4% ($228.3 billion) of U.S. de minimis imports were from the PRC ($149 billion from mainland China and $79.3 billion from Hong Kong). (Figure 2.) It estimates that in 2023, total U.S. de minimis imports were 1 billion parcels valued at about $54.5 billion.

2 days ago · Americans love Shein, Temu and AliExpress for two reasons: low prices and fast shipping.

2 days ago · A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...

Apr 15, 2024 · End China’s De Minimis Abuse Act. This bill prohibits certain U.S. imports from receiving de minimis treatment and establishes related civil penalties. (Current law allows for imports under a de minimis threshold to enter the United States free of tariffs and taxes with minimal inspection. In 2016, Congress raised this threshold from $200 to ...

Revoke de minimis eligibility—the option to import certain goods worth less than $800 without paying customs duties; Require importers to report the 10-digit Harmonized Tariff Schedule code for any goods imported from China; Create new civil penalties for using the de minimis exception to import goods that would be ineligible under the bill