It is mind-boggling to me how many people call the de minimis exemption a “loophole.” In what is ostensibly straight reporting. That’s just the law! Working as intended when it was established in 1930 and had its limit raised in 2016!
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I don’t see how taking our tariff laws back to the 1920s (but only for China 🤔) is some long-needed update, but that’s what you’d think from how the press is talking about it.
(Before the limit was raised to the admittedly generous $800, it was $200, which is still far higher than the vast majority of direct-to-consumer goods being targeted here, almost as if the ppl shipping them were doing so in good faith expecting similar treatment as in the rest of the world))
You absolutely do not need to go to bat for Shein & Temu, but the framing of clear trade war nonsense (that will ultimately raise prices for consumers) as some clever neutral bookkeeping is infuriating. They woulda still qualified for the pre-Obama exemptions, but sure, ditch all exemptions I guess.
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