For years, the United States let low-value parcels enter duty-free under a rule called the de minimis exemption—literally “too small to matter.” By 2016, the limit had risen to $800, among the highest in the world, opening doors for Indian exporters to sell cheaply to American buyers. Now that rule is gone. The U.S. says it was abused, hurting local businesses and even enabling shipments to make synthetic drugs. With India’s government-run postal system halting most parcels, what was once too small to matter is now a big question for India’s small businesses: how will they cope? Guest: Movin Jain
Host: Anupama Chandrasekaran
Edited and produced by Sharmada Venkatasubramanian
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Published on 3 months, 4 weeks ago
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