Possible compromise on de minimis levels in NAFTA falling flat with key U.S. industry
U.S. express delivery services are balking at the possibility that Canada, in NAFTA negotiations, could push to raise the threshold for goods to be imported duty-free without also proposing to raise the threshold for goods to enter without being subject to taxes. In its NAFTA negotiating objectives, the Office of the U.S. Trade Representative said it would seek to “Provide for a de minimis shipment value comparable to the U.S. de minimis shipment value of $800.” The de minimis is...