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NCTO urges US to examine impact of de minimis waiver trade
31 Oct '19
1 min read
Pic: Shutterstock
The National Council of Textile Organizations (NCTO) recently urged the US Customs and Border Protection (CBP) agency to examine the trade, economic, health and safety impacts related to imports that seek de minimis waivers. CBP stated recently it gets 1.8 million de minimis shipments a day but faces significant challenges in targeting Section 321 shipments.
The Federal Register notice stated that the CBP does not ‘receive adequate advance information in order to effectively and efficiently assess the security risk’ of those shipments each day.
“We share these fundamental concerns on what is a staggering amount of trade, about which we have virtually no information,” the NCTO letter states.
There has been an explosion in the amount of trade in the current de minimis structure and NCTO believes it is important that CBP release a publicly available analysis outlining the underlying impacts on US manufacturing and our free trade agreement partners.
The Federal Register notice stated that the CBP does not ‘receive adequate advance information in order to effectively and efficiently assess the security risk’ of those shipments each day.
“We share these fundamental concerns on what is a staggering amount of trade, about which we have virtually no information,” the NCTO letter states.
There has been an explosion in the amount of trade in the current de minimis structure and NCTO believes it is important that CBP release a publicly available analysis outlining the underlying impacts on US manufacturing and our free trade agreement partners.
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