Very much enjoyed this episode on de minimis and its history in the US from @chadbown.bsky.social.
De minimis is not only a US issue. Seeing how different jurisdictions attempt to deal with it it’s fascinating and there is a lot of similarities when it comes to main challenges.
/1
De minimis is not only a US issue. Seeing how different jurisdictions attempt to deal with it it’s fascinating and there is a lot of similarities when it comes to main challenges.
/1
Reposted from
Trade Talks Podcast
Shipments of small packages from China have skyrocketed, but the ‘de minimis’ policy that excludes them from tariffs may soon end. This week, we explore the history of this quirky bit of US tariff policy plus the economic implications of Trump shutting it down. tradetalkspodcast.com/podcast/203-...
Comments
The lack of info on de minimis shipments is also interesting, although working with platforms might be one way to address it.
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A lot of work is being done in the EU right now on this "trusted shipper" for e-commerce. It's called trusted trader, it's not new and there are challenges.
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Great episode.
4/4