CBP Issues Proposed Changes to De Minimis Import Process

On January 14, 2025, U.S. Customs and Border Protection (CBP) issued a proposal to alter its regulations regarding de minimis imports. Section 321(a)(2) of the Tariff Act of 1930 currently authorizes duty exemptions, as well as weaker reporting requirements, for certain import shipments with an aggregate value of $800 or less and qualifying bona fide gifts....
By: Wiley Rein LLP

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