On February 11, 2016, the US Senate passed the Trade Facilitation and Trade Enforcement Act of 2015, which, among other things, raises the threshold for de minimis – the maximum value of an import that is exempt from customs duties and complicated rules of origin – from $200 to $800. This move should help especially for micro- and small businesses and individuals that use ecommerce to import single shipments and small parcels. It is now time to raise these levels internationally to further spur US trade, through a plurilateral agreement on de minimis.
http://e15initiative.org/blogs/silver-bullet-for-helping-small-businesses-trade-plurilateral-agreement-on-de-minimis/
I-BRIDGE's blog (Link Campus University's Research Centre on Global Affairs) - editor, Marco Emanuele - Critical thinking, complexity, international relations (Twitter, @Glob_Eye - Facebook, https://www.facebook.com/marco.emanuele.50)
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