TREASProposed Rule
Entry of Low-Value Shipments
Finance & BankingTransportationTechnology
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Summary
This Treasury Department regulation proposes new rules for how small packages and shipments entering the United States are processed at customs. The changes aim to streamline the entry process for low-value items, which could affect how quickly online purchases from overseas reach American consumers.
Key Points
- 1The regulation establishes procedures for handling shipments below a certain dollar value, potentially reducing customs delays for small international purchases
- 2The changes may lower administrative costs for both importers and the government by simplifying paperwork requirements for low-value goods
- 3The public has until March 18, 2025 to submit comments on the proposed rule
- 4This affects anyone who buys items online from international sellers, as it could speed up delivery times
- 5The Treasury Department will review feedback before deciding whether to finalize these changes
Key Dates
Published
January 14, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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