Rationale for de minimis
Countries set the de minimis value to streamline customs procedures and mitigate the administrative burden and costs associated with assessing and collecting duties on low-value products. However, an overly generous de minimis threshold can potentially disadvantage domestic industries by facilitating excessive imports, granting exporting countries an unfair advantage. Concerned about such implications, US authorities are contemplating legislative measures to address the loopholes associated with de minimis provisions.
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