If you have been wondering what De Minimis means and how it affects you or your business? This episode gives you an overview.
In this episode, Amar sits down with Carlos Grau Tanner, Director-General, Global Express Association (GEA) to discuss De Minimis and the tariffs placed on them by President Trump in April 2025. They explain what 'de minimis' is, how it affects consumers, MSMEs, and its impact on trade policy.
Key Takeaways
De minimis provisions are crucial in trade policy.
Threshold values for de minimis vary by country.
These provisions help small businesses absorb costs.
E-commerce growth is linked to de minimis rules.
Changes to de minimis can impact consumer prices.
Local businesses advocate for a level playing field.
Customs efficiency is vital for trade facilitation.
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