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Tagde minimis

Section 321: U.S. de minimis explained

Last updated on April 18th, 2022 - What is Section 321 for low-value U.S. imports? Section 321 is actually a shorter name for “Section 321(a)(2)(C) of the Tariff Act of 1930,” and is the statute that covers the regulations for importing low-value shipments (LVS) below the United States’ de minimis of $800 USD into the U.S. (including Puerto Rico). A low-value shipment under Section 321 is a...

Highlights of the USMCA deal

Last updated on April 19th, 2022 - Did you hear about the new USMCA? President Trump recently signed legislation to implement a revamped version of the U.S.-Mexico-Canada Agreement (USMCA) that was originally drafted in 2018. Once in effect*, the USMCA will replace the North American Free Trade Agreement (NAFTA). Key highlights of the deal Below are a few key highlights of this new deal. Stronger...

What is de minimis value?

Last updated on April 1st, 2021 - You are looking to expand your ecommerce business internationally when you come across the term – de minimis. What does this mean, and why should you care? When we’re talking about international eCommerce, de minimis refers to a country-specific threshold that tells you when duties and taxes are applied. Country-specific de minimis threshold examples: What...

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