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114-125 ) to increase the de minimis threshold for imports into the United States from $200 to $800, far exceeding similar thresholds in other countries globally. e-commerce imports by quantity, increasing by 88 percent from 2018 to 2021, and constituting 83 percent of total U.S. e-commerce imports in fiscal year 2022.
Another potential change is an increase to the tariff-rate quota threshold. Commerce has also requested that certain exporters and producers submit information with respect to the quantity and value of their recent exports to the United States. The current deadline for these submissions is June 4, 2024.
In the face of strong opposition from some powerful lobbying groups like the United Steelworkers Union, DOT maintained fairly robust thresholds in line with the proposed waiver. The waiver will also apply when “[t]he total amount of Federal financial assistance applied to the project, through awards or subawards, is below $500,000.”
26] Section 503 and VEVRAA AAPs also apply (when thresholds are met) to a construction contractor/subcontractor on a Federal construction project, but not for a construction project that is merely Federally-assisted. [27] 128] Sharing export-controlled technology with an unauthorized person, and the sharing occurs inside the U.S.,
And, “[t]he four components of gross domestic product are personal consumption, business investment, government spending, and net exports.” [28] 75] Looking at the FRED data , it shows a little more variability, but nonetheless affirms ~20% of GDP as a threshold that appears difficult to surpass. [76] 76] Why ~20%, and why for so long?
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