On 2 May, executive order (“EO”) 14256 will go into effect, eliminating the de minimis exemption for China and Hong Kong on items of $800 or less. A significant quantity of imports are currently eligible for de minimis entry, such as shipments from small retailers or samples. After 2 May, the EO places a unique ad valorem of 120% or flat rate ($100 per postal item 2 May – 31 May, $200 per postal item beginning 1 June) tariff on those shipments. There is authority for carriers to decide which tar...
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