U.S. Brings Back De Minimis Exemption on Chinese Goods while Tariff System Being Developed

The U.S. has temporarily reinstated the de minimis exemption for eligible products from China, allowing goods under $800 to be excused from customs filing costs and duties. The de minimis exemption had gone into effect on February 4 as part of a 10% tariff increase on goods from China.

The exemption will remain in place until the U.S. Secretary of Commerce establishes a system to “fully and expediently process and collect tariff revenue”.

For e-commerce shippers, the return of de minimis is likely a relief. Many were bracing for higher costs and needed to implement significant changes when the exemption was first revoked.

Source: Supply Chain Dive

Categories

Related Topics:

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.