De Minimis Rule: Simplifying Trade or Opening Floodgates? Recent Changes and Their Impact
What is the De Minimis Rule? The de minimis rule is a trade regulation that allows low-value shipments to enter a country without being subject to duties and taxes. In the United States, this threshold is set at $800, meaning that goods valued at $800 or less can be imported duty-free. This rule simplifies the customs … Read more