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De Minimis Exemption Ruling Backs Trump's IEEPA Power to End $800 Import Threshold
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De Minimis Exemption Ruling Backs Trump's IEEPA Power to End $800 Import Threshold
A de minimis exemption ruling by a three-judge panel of the US Court of International Trade has upheld the Trump administration’s authority under the International Emergency Economic Powers Act (IEEPA) to suspend duty-free treatment for imports valued under $800, dealing a defeat to a Michigan auto-parts company that had relied on the exemption to source cheaper components from China. The court issued summary judgment in favour of the government…
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