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President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed ...
The Trump administration is wiping out duty-free treatment for low-cost imports shipped by e-commerce retailers direct to ...
The United States is suspending a "de minimis" exemption that allowed low-value commercial shipments to be shipped to the ...
President Donald Trump broadly ended the de minimis exemption that allowed people to buy low-value imported items without paying duty and import taxes.
The order eliminates the so-called “de minimis” provision, a long-standing policy that allowed people in the US to import ...
President Trump revoked on Wednesday an exemption on tariffs for global packages worth less than $800. Why it matters: The ...
Capital Gain Tax Capital Gains Tax Home Insurance Mortgage Economy Finance Government Finances Money Payments Economy Of The United States Tax Exemption Public Finance Investment Political Economy ...
“No Tax on Tips” took center stage Friday during a visit from the House of Representatives’ Ways and Means Committee to Las Vegas to promote President Donald Trump’s One Big Beautiful Bill.
Looking Ahead To prepare for the elimination of the de minimis exemption in 2027—as well as the new de minimis misuse penalties that will take effect Aug. 3—businesses must proactively optimize ...