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At the stroke of midnight, 92% of all U.S. cargo shipments, and as much as 4 million packages each day, misplaced their duty-free standing with President Donald Trump’s removing of…
The de minimis exemption, an obscure commerce regulation provision that has concurrently fueled and eroded companies throughout the globe, formally got here to an finish on Friday following an govt…
Containers are loaded and unloaded at Port Jersey Container Terminal in New Jersey, on May 1, 2025. Mostafa Bassim/Anadolu through Getty Images The Trump administration is scrapping the “de minimis”…
Facebook Tweet Email Link A giant change to all the “cheap goods” Americans order simply went into impact. For almost a century, low-value packages of goods from overseas have entered…
An aerial view of a cargo ship being loaded with delivery containers on the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty…