Cheaper goods from China are no longer exempt from import duties, which could sharply raise prices for consumers.

The U.S. added 177,000 jobs in April, beating expectations. This comes as the economy braces for more uncertainty due to ...

President Donald Trump has closed a tariff loophole that allowed Chinese e-commerce giants like Shein and Temu to sell ...

For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into ...

The administration's elimination of the so-called “de minimis” loophole has implications for businesses ranging from Etsy ...

Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up ...

Trump referred to the commonly used trade exemption as a “big scam going on against our country, against really small ...

The Trump administration is ending the “de minimis” tax exemption, which previously allowed cheap imports—mainly from ...

Trump closed the 'de minimis' shipping loophole, calling the exemption a 'big scam' that has hurt U.S. business and enabled ...

Massive online retailers Temu and Shein raised prices on their products after the Trump administration imposed new tariffs on ...

The loophole allowed retailers to not pay import taxes or tariffs on shipments valued at less that $800 that were sent ...

Its US website has shifted to offer only what it calls “local” items –  or products that were shipped overseas in bulk and ...