President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...

President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...

President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...

By David Lawder, Helen Reid, Lisa Baertlein and Lisa Barrington WASHINGTON/LONDON/LOS ANGELES (Reuters) -U.S. President ...

U.S. President Donald Trump on Friday signed an executive order delaying tariffs on de minimis, or low-cost, packages from ...

A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...

President Donald Trump has paused the removal of the de minimis exemption on goods from China.

The president temporarily paused a provision that had imposed tariffs on many packages sent from China beginning this week and that had sowed confusion among retailers and shippers.

What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value ...

The pause on duties for low-cost packages is in place while the US Commerce Department confirms procedures for collecting tariff revenue.

A new executive order restored a provision that allows low-value shipments to avoid taxes and tariffs.