The Biden-Harris administration announced Friday that it is taking action to limit the number of imports eligible for the de minimis exception to American tariffs and customs inspection.
Kim Glas, president and CEO of the National Council of Textile Organizations (NCTO), added that "If only China is denied these benefits ... watch list from receiving de minimis treatment.
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
While some argue that de minimis benefits foreign e-commerce platforms at the expense of U.S. companies, others contend that it provides opportunities for U.S. entrepreneurs and that market forces ...