US President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as “de minimis” that has allowed low-value packages from …
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Shipments
Trump Considering Revoking Tariff Exemptions for Cheap Shipments From China, Source Says
The Trump administration is considering revoking tariff exemptions for low-value shipments from China, known as “de minimis,” as part of Wednesday’s tariff announcement, a source …
Mexico Analysing More Measures to Crack Down on Low-Cost Shipments, Official Says
Mexico is weighing further trade measures to crack down on low-cost shipments into the country, an official said on Thursday, after slapping tariffs on so-called …
US Postal Service Reverses Decision to Halt China Shipments
The US Postal Service said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, walking back an announcement made only …
US Looks to Curb Low-Value Chinese Shipments Under $800 ‘De Minimis’ Exemption
The Biden administration said on Friday it was moving to curb low-value shipments entering the US duty-free under the $800 “de minimis” threshold that has …
Swiss Watch Exports Slump on Lower Shipments to China, Hong Kong
Monthly Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for …