Topic: Trade Facilitation Act

1 chapters across the catalog

Retribution
Episode 1793 1:49:13 - 1:56:08

1793: Retribution

De Minimis Exemption, Low-Value Import Tariffs

The U.S. government has lowered the "de minimis" tariff exemption from $800 to $100, impacting low-value imports from companies like Temu and Shein. The $800 threshold was originally established in 2015 under the Trade Facilitation and Trade Enforcement Act. The change has caused confusion among European postal services, leading some to temporarily suspend shipments to the United States.