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U.S. De Minimis Loophole Exploitation: What’s at Stake? | Decoding Cross-Border Ecommerce | Ep #42
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Did you know that $61-$78 billion worth of goods enter the U.S. duty-free each year under the $800 de minimis threshold? While this policy simplifies trade for low-value imports, it’s also raising tough questions about its impact on U.S. businesses and trade policy.
In this episode of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos’ Head of Global Trade Strategy, explore the loopholes businesses use to avoid paying tariffs, what’s happening just over the U.S. border with fulfillment, and the surprising ripple effects on global trade.
Could changes to de minimis reshape ecommerce and international shipping? Tune in to find out what’s really at stake and how it could impact your business.
Related links:
De minimis guide:
Section 321 blog:
https://zonos.com/blog/section-321?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
Learn more about Zonos:
https://www.zonos.com/?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
#DeMinimisThreshold #EcommerceLogistics #GlobalTradeInsights #InternationalEcommerce #Zonos #CrossBorderTrade #Zonos #Podcast #CrossBorderEcommerce
[00:00:00] Opening clip
[00:02:34] De minimis, process for duty and tax collection
[00:05:15] Shipments entering the US below the de minimis
[00:08:14] Potential tariff value of low-value packages entering the US
[00:09:01] De minimis rules and limitations
[00:13:52] De minimis requirements. Informal vs. formal entry
[00:14:54] Most generous de minimis in the world?
[00:16:35] De minimis loopholes
[00:20:01] Final thoughts
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