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Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.
Following the lowering of reciprocal tariffs, the White House announced that it would slash duties on de minimis shipments ...
The de minimis tax law is a loophole that allows low-cost parcels to enter the US duty free and avoid customs inspections if ...
Cheaper goods from China are no longer exempt from import duties, which could sharply raise prices for consumers.
The loophole allowed retailers to not pay import taxes or tariffs on shipments valued at less that $800 that were sent ...
Learn how Long Island consumers and businesses are impacted by the end of the de minimis exemption, leading to higher costs ...
Americans who buy from low-cost Chinese e-commerce sites are about to feel the pinch from President Donald Trump's tariffs as ...
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...