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Trump pauses repeal of duty-free treatment for low-value imports
short by Mansi Agarwal / on 08 Feb 2025,Saturday
US President Donald Trump has paused the cancellation of the 'de minimis' exemption on import tariffs to give the Commerce Department more time to make the order workable. The de minimis rule exempted low-value imports shipped to individuals from customs duties. The rule significantly benefitted Chinese companies including Shein, Temu and AliExpress.
short by Mansi Agarwal / 02:00 pm on 08 Feb
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