Biden wants to close a loophole that enables imports of clothing and illicit substances from China

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Biden wants to close a loophole that enables imports of clothing and illicit substances from China
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The Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein.

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President Joe Biden would no longer exclude these “de minimis” imports from tariffs under a proposed rule released Friday to tax all imports if they're covered under Sections 201 or 301 of the Trade Act of 1974, or Section 232 of the Trade Expansion Act of 1962.Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.

Because of the existing exemption, it is harder for the U.S. government to block the importation of fentanyl and synthetic drug content that are banned. The government also stressed that Chinese e-commerce sites have abused the exemption to sell cheap clothing and textiles to U.S. consumers, possibly harming domestic workers and companies.

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Biden wants to close a loophole that enables imports of clothing and illicit substances from ChinaBiden wants to close a loophole that enables imports of clothing and illicit substances from ChinaThe Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein.
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Biden wants to close a loophole that enables imports of clothing and illicit substances from ChinaBiden wants to close a loophole that enables imports of clothing and illicit substances from ChinaThe Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein. It says companies are no longer exempt from tariffs simply by shipping what they claim to be goods worth less than $800. President Joe Biden would no longer exclude these “de minimis” imports from tariffs.
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