CBP Moves to Close ‘De Minimis’ Loopholes

U.S. Customs and Border Protection (CBP) has proposed new rules that would remove some low-value imports from exemption from duties or other taxes.

The proposal — which was announced days before President Joe Biden left office — would make it so that any products subject to trade or national security restrictions, such as tariffs or antidumping duties, would no longer qualify for so-called de minimis exemptions. The proposed rule change would also require other low-value shipments to include a 10-digit tariff schedule identification number to c…