minimis

Brands Like Lululemon Are Feeling ‘De Minimis’ Pain—But Some Companies Are Cheering

Investment Tips /
Brands Like Lululemon Are Feeling 'De Minimis' Pain—But Some Companies Are Cheering

Online merchants aren’t the only ones reeling from the end of the de minimis tax exemption. Retailers with physical footprints, such as Lululemon, Coach and Kate Spade, will pay millions now that import taxes apply to packages of minimal value, executives have said in recent weeks. Athleticware giant Lululemon (LULU) downgraded its outlook for the […]

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The Trump Administration Just Closed the De Minimis Import Tax Exemption. Here’s What That Means for Your Wallet.

Investment Tips /
The Trump Administration Just Closed the De Minimis Import Tax Exemption. Here's What That Means for Your Wallet.

Key Takeaways The Trump administration closed the de minimis import tax exemption loophole on Friday, which could further disrupt the online shopping industry. Previously, packages valued at less than $800 could enter the U.S. without being subject to import duties and tariffs. The exemption for imports from China ended in May and has now been

The Trump Administration Just Closed the De Minimis Import Tax Exemption. Here’s What That Means for Your Wallet. Read More »