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Senators try again to raise minimum duty-free level

Friday, March 08, 2013

Individuals and companies would be spared from filing customs documents and paying import duties and fees for more of their shipments under a proposal by two U.S. senators that would raise the threshold for such requirements from $200 to $800. The Low Value Shipment Regulatory Modernization Act of 2013, sponsored by Sens. John Thune, R-S.D., and Ron Wyden, D-Ore., is strongly supported by the express delivery and e-commerce industries, which say it would increase trade by redu...

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