The regulatory process to revise the de minimis exemption is set to begin soon, with expectations for a Notice of Proposed Rulemaking (NPRM) possibly by late November or early December, according to Tim Manning, a former White House supply chain official. The Biden-Harris administration aims to limit products eligible for de minimis exemptions, targeting those subject to certain tariffs. While it is unlikely that final rules will be issued before the next presidential term begins, an aggressive timeline could allow for a final rule before January 20. Companies reliant on this exemption should prepare for potential changes.

Source: https://www.supplychaindive.com/news/de-minimis-changes-biden-harris-trump-timing/731869/