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E-Merchants Trade Council Says Curtailing de Minimis Would Cost $499 Billion

E-Merchants Trade Council sent a letter to congressional leaders arguing that carving China out of de minimis eligibility, which is part of the House version of the China bill, would cost companies $499 billion in additional duties, taxes and fees.…

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The trade group is advocating for trade rules that simplify cross-border shipments, CEO Marianne Rowden said.