White House Takes Action on De Minimis Exemption
September 18, 2024 – The Biden Administration announced last week that it intends to propose new regulations to reduce de minimis imports. The regulations include excluding shipments of products covered by Section 301, Section 201, or Section 232 tariffs from the de minimis exemption. The proposed regulations would also increase information collection requirements for de minimis shipments, including the 10-digit tariff classification number. The announcement also urges Congress to pass legislation to comprehensively reform the de minimis exemption. For more details, read the White House news release. AAEI members can reach out to Government Affairs Manager Mitchell Hart with questions or concerns about the proposed regulations.
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