De Minimis Loophole
topic on 3 shows · 6 statements across 3 episodes
More or Less
Big Technology
TBPN
6 statements about De Minimis Loophole, every show
Petersen: Closing De Minimis Exemption Will Crash Air Freight Prices
“It's going to crash the price of air freight would be my prediction.”
Petersen: Asian e-commerce giants will absorb duties if de minimis ends
“My suspicion from having analyzed a few of these and working with them is that the companies will keep, keep going and just have to pay the duties.”
Shein and Temu Did Not Lobby for the De Minimis Loophole
“The reason that the de minimis loophole exists, it was not, this is not something that Sheen and Timu lobbied for, and then, oh, they got lucky and they knew that this was going to be a thing.”
Apple Cannot Exploit De Minimis Because They Import in Bulk
“Manufacturers like Apple aren't benefiting from this loophole, even if they're selling 500 dollar product because Apple is sending, you know a shipping container with 10,000 air pods in it. And so the total value, even though the individual product might be a …”