Trade Island free instal8/24/2023 ![]() with a particular focus on “foreign adversaries, including the (People’s Republic of China.)” In its first set of recommendations, a new House committee focused exclusively on China called for legislation that would reduce the threshold for duty-free shipments into the U.S. business groups and key Republican members of Congress, so it didn’t make the final bill.įast forward just a few months and it’s clear the political dynamic has shifted - and quickly. The trade provision was opposed by important U.S. In the rush to get a bill passed before the 2022 elections, the Biden administration and Democratic leaders jettisoned provisions without bipartisan buy-in. That move was part of a larger measure that boosted investments in semiconductor manufacturing and research. Last year, House Democrats pushed to prohibit Chinese-made goods from benefiting from the special treatment for lower-cost goods. He said foreign companies are taking advantage of the “loophole” and “putting people out of work in stores, they’re putting people out of work in manufacturing.” Lighthizer urged Congress to get rid of the de minimis rule altogether, or take it to a much lower amount, say $50 or $100. Now we have packages coming in, 2 million packages a day, almost all from China. trade representative during the Trump administration, told a House panel last month. “I think everybody’s got to kind of wrap their head around what kind of mistake this was,” Robert Lighthizer, the former U.S. The volume of such imports has since risen from about 220 million packages that year to 771 million in 2021 - with China accounting for about 60%, according to the government - and 685 million last year. government’s threshold for expedited, duty-free treatment from $200 to $800 in 2016. that benefit from the de minimis rule has soared in recent years. The volume of products coming into the U.S. Customs and Border Protection to focus its resources on the bigger-ticket items that generate more tariff revenue for the federal government. ![]() The rule speeds the pace of commerce and lowers costs for consumers. Chamber of Commerce, who argues that the current U.S. “De minimis has become a proxy for all sorts of anxieties as it relates to China and other trade-related challenges,” said John Drake, a vice president at the U.S. Efforts to lower the threshold amount or exclude certain countries altogether from duty-free treatment are set to become a major trade fight in this Congress. law, most imports valued at less than $800 enter duty-free into the United States as long as they are packaged and addressed to individual buyers. It also could add to the growing tensions between the countries. ![]() The changing political dynamic could have major ramifications for e-commerce businesses and consumers importing products from China valued at less than $800. WASHINGTON (AP) - Conservatives anxious to counter America’s leading economic adversary have set their sights on a top trade priority for labor unions and progressives: cracking down on the deluge of duty-free packages coming in from China.
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