Proposed new de minimis rules could see countries paying different tariffs for their imports into the US – with some denied the privilege altogether.
The current de minimis threshold for imports into the US is $800, increased from $200 in 2016 with the Trade Facilitation and Trade Enforcement Act. This is the world’s largest threshold –π for example, across European Union member states it is €150 ($160.83).
US lawmakers have been …
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