A Customs and Border Protection officer works with a dog to check parcels for fentanyl at John F. Kennedy Airport’s U.S. Postal Service facility in New York City on June 24, 2019. Johannes Eisele/AFP via Getty Images
U.S. Customs and Border Protection (CBP) said Dec. 17 that it has collected more than $1 billion in tariff revenue from low-cost shipments since the de minimis tariff exemption was revoked earlier this year.
In April, President Donald Trump signed an executive order eliminating the de minimis exemption for goods originating from China and Hong Kong. The exemption had allowed duty-free entry into the United States for shipments or parcels valued at less than $800. The change took effect on May 2.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/us/1-billion-collected-since-low-cost-shipments-loophole-closed-cbp-says-5959831/?utm_source=partner&utm_campaign=whatfinger