trending Market Intelligence /marketintelligence/en/news-insights/trending/JpPeybOMwIelhaywT7fsMw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: US to not lower tax-free import level in USMCA deal

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: US to not lower tax-free import level in USMCA deal

The U.S. will remove a provision from the United States-Mexico-Canada Agreement that would have allowed it to reduce the tax-free import ceiling currently at $800, Reuters reported, citing sources familiar with the matter.

This would reportedly ease concerns that a cut in the threshold, below which imports are exempt from sales tax and duties, could increase small companies' costs and reduce their competitiveness.

However, some companies believe that the existing limit is too high, giving Chinese sellers an edge from a price perspective when transacting via online shopping websites.

House Democrats said Dec. 10 that they had reached an agreement with the Trump administration to advance a revised version of the trade pact, as part of which both Canada and Mexico lifted their tax-free ceilings to levels still below that of the U.S.