US Customs targets Chinese e-commerce with bid to reduce tax threshold

US importers of Chinese goods valued below $800 may lose their exemption from tariffs, if a proposal from the US Customs & Border Protection agency (CBP) moves forward.
On 2 September, CBP asked the US Office of Management & Budget for regulatory review of a proposal entitled Excepting Merchandise Subject to Section 301 Duties from the Customs De Minimis Exemption [of $800].
“I think the biggest impact would be on AliExpress imports, …

The post US Customs targets Chinese e-commerce with bid to reduce tax threshold appeared first on The Loadstar.

Source: The Loadstar

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