Will the "de minimus" tariff exception be eliminated by the end of 2025?
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αΉ302026
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It has been suggested that the use of this rule has given Chinese marketplaces like Shein & Temu an unfair advantage & a route around consumer safety regulations.
A bill has advanced in the Ways & Means committee and the CPSC is taking action against the aforementioned marketplaces.
Resolves YES if the exemption is eliminated by a bill such as this one being signed into law or if this exemption is removed by other means such as executive order.
https://www.reuters.com/technology/us-safety-commissioners-call-investigation-into-shein-temu-2024-09-03/
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