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Air cargo carriers including Cathay Pacific, China Southern, Air China and Korean Air have profited from booming volumes of e ...
Air freight capacity between China and the U.S. dropped by almost a third after a tax-free exemption for low-value items out ...
19h
Sourcing Journal on MSNTrump’s ‘Big, Beautiful Bill’ Could End De MinimisPresident Donald Trump’s “big, beautiful” tax bill was approved by the House Ways and Means Committee this week—and the ...
A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines this year.
By Farah Master, Casey Hall and Lisa Baertlein HONG KONG/SHANGHAI/LOS ANGELES (Reuters) - The U.S. will cut the "de minimis" ...
The White House has temporarily relaxed duties on parcel imports from China that entered the country without duty prior to ...
The Trump administration cut tariffs on low-value parcels from China by more than half, shortly after Washington and Beijing ...
The news comes after Washington and Beijing came to a temporary trade agreement that was hailed as a “total reset” in ...
21h
Just Style on MSNUS textile sector backs proposal to end de minimis for all countriesThe US National Council of Textile Organizations (NCTO) supports the US proposal to end de minimis for all countries by 2027.
Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.
The duty on small parcels from China is being reduced to 54% from 120%, another step toward cooling the simmering trade war.
Before May, carriers didn't pay anything for China packages under $800. Then they paid 120% tariffs. Now, it's just 54%. How ...
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