A newly passed piece of trade legislation may make it easier for small businesses to compete by simplifying the import process.
The U.S. Senate has passed the Trade Facilitation and Enforcement Act of 2015 (PDF), which will modernize and expedite the customs clearance process — fulfilling a long-standing wish of American businesses.
Among other things, the bill increases the de minimis level from $200 to $800, which will help you purchase items up to $800 from anywhere in the world duty-free.
The White House press office issued a statement hailing the legislation as a milestone.
Trade Facilitation and Enforcement Act Raises Duty Free Limit
Posted by lyceum under NewsFrom http://smallbiztrends.com 3176 days ago
Who Voted for this Story
Subscribe
Comments