Tag

De Minimis

All articles tagged with #de minimis

White House Extends De Minimis Suspension and Establishes Postal Duty Framework
politics7 days ago

White House Extends De Minimis Suspension and Establishes Postal Duty Framework

An updated executive order on February 20, 2026 extends the suspension of duty-free de minimis treatment for shipments to the United States, revising EO 14324 to require duties on international postal shipments at a rate tied to a temporary import surcharge proclaimed on February 20, 2026. CBP will collect these duties for postal shipments, while other shipments remain subject to applicable duties and taxes; the changes take effect February 24, 2026, with DHS implementing the new framework.

End of 'De Minimis' Tariff Exemption Sparks Global Retail Shift
business6 months ago

End of 'De Minimis' Tariff Exemption Sparks Global Retail Shift

The US has ended the 'de minimis' exemption, which allowed low-value parcels (up to $800) to be shipped into the country without tariffs, citing concerns over evasion of duties and illegal activities. This change, signed into effect by President Trump, aims to increase tariff revenue and restrict the flow of illegal goods, with a transition period allowing shippers to adjust.

End of US Tariff Exemptions Sparks Changes for Online Shoppers and Businesses
business6 months ago

End of US Tariff Exemptions Sparks Changes for Online Shoppers and Businesses

The US is ending its nearly century-old de minimis trade exemption, which allowed small-value imports to bypass tariffs and inspections, due to concerns over safety, unfair advantages to foreign companies, and trade deficits. Starting Friday, all US-bound shipments will be subject to duties and tariffs, leading to disruptions in international shipping and potential benefits for consumer safety and fair trade, but also causing delays and adjustments in global logistics.

Global Postal Suspensions and the End of US Tariff Exemption: Impact on Shoppers
world6 months ago

Global Postal Suspensions and the End of US Tariff Exemption: Impact on Shoppers

Many countries have suspended or limited postal services to the US due to new tariffs introduced after the removal of the de minimis exemption by the Trump administration, which previously allowed packages under $800 to be shipped duty-free. This change has increased shipping costs and caused disruptions in international mail services, with services suspended indefinitely until new systems are developed to handle the tariffs.