A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
Biden administration says no to using Taft-Hartley to stop ILA strike.
U.S. trade regulators and lawmakers are trying to even the playing field for U.S. companies and close a security gap by cracking down on e-commerce importers taking advantage of a trade loophole.
“The discussion of reducing the de minimis back to the $200 threshold could impact e-commerce retailers with high-value products by increasing costs,” said BoxC Logistics co-founder Chad Schofield.
The Commerce Department wants to tighten the licensable requirement for exports containing U.S. semiconductor components to 10% for the Chinese telecom.
Lawmakers want the Defense Department to explain within 60 days why it rejected a Commerce Department proposal to tighten the U.S. content threshold for exports to the Chinese telecom.
Companies from Amazon to Zulily agree to help Customs and Border Protection figure out how to identify and target high-risk shipments.
The Commerce Department is expected to propose new rules that lower the U.S. content threshold for licensable reexports and when foreign-made products are subject to U.S. export controls.
U.S. Customs and Border Protection said excluding ocean cargo from the Section 321 pilot program reduced “a substantial number of relevant shipments of potential participants.”
U.S. Customs and Border Protection will use the industry’s comments to refine its Section 321 E-Commerce Data Pilot.
Customs and Border Protection explores electronic methods to capture data on the estimated 1.8 million package shipments valued at less than $800 arriving in the U.S. each day.
With their vast knowledge of imports, customs brokers see themselves playing an important role in the battle against counterfeit goods.
A small business exporter highlighted the benefits she has reaped from de minimis exemptions during a Senate Finance Committee hearing Tuesday.
