But as of May 2, 2025, that advantage disappeared – at least for China and Hong Kong. That’s when the U.S. officially eliminated the exemption for low-priced imports from those places. Suddenly, cheap ...

So, using the 54% ad valorem duty as an example, the import tariff on your $20 dress would be $10.80 – costing you $30.80 in all. Of course, the May 12 modification comes with the usual disclaimer: It ...

Retail, manufacturing and logistics organizations commended the bill’s tax cuts, lower depreciation rates and the end of the ...

The Trump Administration has ended a long standing tax loophole, called the de minimis exemption, meaning shoppers looking to buy overseas could notice higher prices.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a ...

US President Donald Trump’s continued trade war includes tariffs on copper, semiconductors and pharmaceuticals.

Plans to construct three new homes on the site of a funeral directors in Peterborough have been withdrawn after concerns were ...

Temu is expanding deeper into South Africa with the launch of a new local warehouse that will make deliveries faster for ...

The move targets low-cost shipments from companies like Shein and Temu, which have relied on the rule to avoid tariffs.

Samsung today lost its bid at the U.S. Court of Appeals for the Federal Circuit (CAFC) to transfer a suit brought against it ...

U.S. Senator Cynthia Lummis proposes a crypto tax overhaul to align digital assets with securities rules on lending, staking, ...

Meta Platforms is close to a $2 trillion valuation. The company's prospects in AI should provide it with a massive tailwind ...