At this week’s Trade Subcommittee hearing at House Ways & Means, talk of changing de minimis rules for goods bought on line; forced labor; and a few diehards bring up TPP.
The Senate Judiciary Committee hears from witnesses on how to combat online-sold counterfeit goods from flooding the U.S. They missed one key remedy — de minimis rulemaking needs a closer look.
An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.
U.S. consumers might not always suffer. But any company in the U.S., including small and large retail stores, will increasingly be competing in a new B2C digital model that connects American consumers directly to China.