Close Menu
Global News HQ
    What's Hot

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    June 28, 2025

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    June 28, 2025

    The 5 Best Stocks to Buy With $5,000 | The Motley Fool

    June 28, 2025
    Recent Posts
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    • The 5 Best Stocks to Buy With $5,000 | The Motley Fool
    • Kenzo Spring 2026 Menswear Collection
    • XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    • Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality
    • The 5 Best Stocks to Buy With $5,000 | The Motley Fool
    • Kenzo Spring 2026 Menswear Collection
    • XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal
    • 10 Outdated Travel Items It’s Time to Toss—and What to Replace Them With, From $13
    • PwC to cut 175 junior auditors amid slowdown
    • Are You Approachable at Work? Tips for Building Better Connections
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Luxury Goods & Services - US Tax Bill to End Duty-Free Imports of Cheap Foreign Goods
    Luxury Goods & Services

    US Tax Bill to End Duty-Free Imports of Cheap Foreign Goods

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    US Tax Bill to End Duty-Free Imports of Cheap Foreign Goods
    Share
    Facebook Twitter LinkedIn Pinterest Email



    House Republicans have proposed using their giant tax and spending bill to end duty-free imports of cheap foreign goods, a move that would eliminate a perk companies around the world have used to grow their US business for the last decade.

    The provision, tucked into legislation key House committees are debating this week, would put into law — and expand — Donald Trump‘s executive order, effective May 2, halting the “de minimis” exemption on Chinese imports valued at less than $800.

    The bill, which House leaders plan to pass in the coming weeks, would impose a civil penalty of up to $10,000 for companies that bring in illegal goods.

    Small businesses and e-commerce companies say they rely on the de minimis exemption to meet their bottom lines. The exemption has fuelled profits for online marketplace giants like Shein and Temu.

    But others, especially brick-and-mortar retailers, argue that it undermines them by allowing competitors to sell cheaper goods. Critics also say the exemption makes it easier for foreign adversaries to smuggle illegal products into the country.

    The elimination of de minimis has garnered support in both parties. Representative Linda Sanchez, a California Democrat, introduced legislation in March to remove the de minimis treatment with a transition period of four months. A bipartisan group of senators proposed a bill to tighten import requirements in 2024.

    By Alicia Diaz

    Learn more:

    US to Slash Tariff on Small China Parcels From 120% to 54%

    The US has cut the tariff on small parcels from China and Hong Kong by more than half following a 90-day pause in the trade war between the two nations.



    Source link

    consumers
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleStudy Shows Supplementing With This Amino Acid Is Good For Blood Pressure
    Next Article Does Your Stucco Need a Repair? This Is How Much You Can Expect It to Cost

    Related Posts

    Kenzo Spring 2026 Menswear Collection

    June 28, 2025

    Baglietto and Meyer Davis Just Teamed up on a Sleek 183-Foot Superyacht

    June 28, 2025

    Lincoln Debuts An Exclusive In-Vehicle Meditation App

    June 28, 2025

    Bentley opens three showrooms in North America

    June 27, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Technology & Gadgets
    4 Mins Read

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    Asus has announced its newest GeForce RTX 5090 and GeForce RTX 5070 Ti under the…

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    June 28, 2025

    The 5 Best Stocks to Buy With $5,000 | The Motley Fool

    June 28, 2025

    Kenzo Spring 2026 Menswear Collection

    June 28, 2025
    Top
    Technology & Gadgets
    4 Mins Read

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    Asus has announced its newest GeForce RTX 5090 and GeForce RTX 5070 Ti under the…

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    June 28, 2025

    The 5 Best Stocks to Buy With $5,000 | The Motley Fool

    June 28, 2025
    Our Picks
    Technology & Gadgets
    4 Mins Read

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    Asus has announced its newest GeForce RTX 5090 and GeForce RTX 5070 Ti under the…

    Technology & Gadgets
    4 Mins Read

    Asus’s new BTF GPUs can now be used in standard systems courtesy of a detachable 1000W power connector — New 5090 and RTX 5070 Ti models have a dual personality

    Asus has announced its newest GeForce RTX 5090 and GeForce RTX 5070 Ti under the…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version