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The de minimis exemption refers to Section 321 of the Tariff Act of 1930 and allows the Secretary of the Treasury to waive some duties or fees where it is more inconvenient to collect the tax than ...
A decision by President Trump to close a tariff loophole could change the landscape of online shopping, particularly for the Chinese e-commerce companies behind wildly successful sites, such as ...
(The administration delayed a 25% tariff order on Canada and Mexico until March 1.) Beijing hit back with a 15% tax on certain types of coal and liquefied natural gas and a 10% tariff on crude oil ...
Amazon announced last December it would slash seller fees from 17% to 5% for apparel under $15, with apparel between $15 to $20 triggering a 10% fee, starting in January.
The “Help me” on the receipt, for instance, was for an item sold by the Chinese brand Romwe, and the receipt was for a product called a “Help Me” bookmark — in other words, it wasn’t a ...
Shein in particular was called out in the bill, with lawmakers pointing out that the retailer is pumping out 7,200 new garment models a day, and has made 470,000 different items available to shoppers.
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Shein will be better received in London, which is seeking to add some high-profile IPOs to its faltering stock exchange post-Brexit. The LSE raised a meager $1 billion last year, the lowest level ...
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