Bill 118 hr 7979, also known as the End China’s De Minimis Abuse Act, is a piece of legislation introduced in the US Congress with the aim of addressing the abuse of de minimis thresholds by China. De minimis thresholds refer...
to the minimum value of goods that can be imported into a country without being subject to duties or taxes.
The bill seeks to combat China's exploitation of de minimis thresholds by requiring the US Customs and Border Protection agency to establish a process for determining whether a country is abusing these thresholds. If a country is found to be abusing de minimis thresholds, the bill authorizes the imposition of additional duties on goods imported from that country.
The End China’s De Minimis Abuse Act is seen as a response to China's unfair trade practices, which have been a source of contention between the US and China for many years. By targeting China's abuse of de minimis thresholds, the bill aims to level the playing field for American businesses and protect domestic industries from unfair competition.
Overall, the End China’s De Minimis Abuse Act is a bipartisan effort to address a specific issue in US-China trade relations and protect American interests. It remains to be seen how the bill will progress through Congress and what impact it will have on US-China trade dynamics.