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Chinese companies could lose a tried and true method for skirting US tariffs, the head of the Council on Foreign Relations says

Washington, DC--

On his first day in office, President Trump signed a Memorandum on "American First Trade Policy" which is a broad directive to all the Administration's principal trade officials to review many aspects of U.S. trade policy and report back to him by April 1, 2025.

Among the provisions is section 2(i) directing officials to "shall assess the loss of tariff revenues and the risks from importing counterfeit products and contraband drugs, e.g., fentanyl, that each result from the current implementation of the $800 or less, duty-free de minimis exemption under section 1321 of title 19, United States Code, and shall recommend modifications as warranted to protect both the revenue of the United States and the public health by preventing unlawful importations."

Read the Memorandum here

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DOC reports on the Biden Harris Administration Impact  (2021-2025)

EMTC provides reports from government and regulatory agencies  for informational purposes  as a service to our members 

Washington, DC--

CBP has issued a second FRN - Notice of Proposed Rulemaking on Trade and National Security Actions and Low-Value Shipments (de minimis shipments under $800).  This rule will make large categories of products ineligible for import under de minimis. 

Read more here

Washington, DC

U.S. Customs and Border Protection (CBP) has released an enhancement whereby ACE will provide a warning when a shipment may exceed the $800 per person/per day threshold for the administrative exemption under Section 321. The threshold will be based on the estimated date of arrival (EDA) for entry type 86 (ET 86) submissions and de minimis shipments to be released off the manifest.

Read more here.

https://www.freightwaves.com/news/us-poised-to-restrict-low-value-imports-from-china

Read EMTC CEO Marianne Rowden's take on the proposed regulation

TikTok prepares for US shutdown from Sunday, sources say