Fate of Duty Exemption Loophole for Low Value Shipments of Sec. 301 Goods Still ‘Undetermined’
Posted February 19, 2021
Under Announcements & News, Other Government Departments & Agencies, Trade Compliance News, U.S. Customs Issues
A proposal made last September by CBP that would eliminate the $800 de minimis exemption for goods subject to Section 301 tariffs has reportedly been shelved indefinitely while the Biden administration considers whether or not to close this widely exploited loophole. Continue Reading
