Biden Administration Pushes De Minimis Prohibition
The Biden Administration has weighed in on the de minimis shipment controversy with a Notice of Proposed Rulemaking to suspend exceptions to products otherwise subject to Section 301, 201, or 232 tariffs, highlighting impacts to the U.S. apparel industry in its release. The administration also called on Congress to pass legislation by the end of 2024 on the matter, namely cutting down on DTC de minimis shipments from Chinese factories, which the White House estimates have ballooned from 140 million per year a decade ago to over 1 billion a year ... Log in to view full article.