Proposed changes to de minimis law threaten supply chains

The US supply chain faces potential disruptions as Congress considers modifying the century-old de minimis law, which allows low-value shipments to enter the country duty-free. Rolling back this law would negatively impact supply chains and small businesses that rely on it. The de minimis threshold was increased from $200 to $800 in 2016, benefiting consumers and small businesses. U.S. Customs and Border Protection effectively implemented the de minimis law, ensuring compliance with trade laws and enhancing data collection protocols. However, there are concerns about non-compliant goods entering the country through de minimis parcels.

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Frequently Asked Questions

Q: What is the de minimis law?

A: The de minimis law refers to a threshold set by governments that determines the value of goods below which they are exempted from certain taxes, duties, or regulations when crossing borders.

Q: What are the proposed changes to the de minimis law?

A: The search results do not provide specific information about the proposed changes to the de minimis law. However, it can be inferred that there are proposed changes that threaten supply chains.

Q: How do the proposed changes threaten supply chains?

A: The search results do not provide detailed information on how the proposed changes threaten supply chains. However, it can be assumed that these changes may have negative impacts on the flow and efficiency of supply chains.

Q: What is the impact of the proposed changes on trade facilitation and national security?

A: The search results mention that the proposed changes threaten the economic benefits of trade facilitation and also mention improving national security. However, specific details about the impact on trade facilitation and national security are not provided.

Q: Are there any recommendations to mitigate the risks posed by the proposed changes?

A: The search results do not provide specific recommendations to mitigate the risks posed by the proposed changes to the de minimis law.

Q: Are there any other potential effects of the proposed changes beyond China and Russia?

A: According to one of the search results, changes to the de minimis law would likely have effects beyond China and Russia, but the specific details of these potential effects are not provided.

Q: Where can I find more information about the proposed changes to the de minimis law?

A: For more information about the proposed changes to the de minimis law and its potential impact on supply chains, you can refer to the Supply Chain Dive website.