Op-ed by Beverly Knits* CEO Ron Sytz: A little-known tariff loophole could bring my NC textile company to its knees

Nov 15, 2024

For 44 years, my family’s textile manufacturing business in Gastonia, North Carolina has provided jobs to hundreds, supporting both our community and the U.S. economy. We’ve weathered decades of challenges, from NAFTA to China’s rise in global trade, but today we face a threat that could bring our operation to its knees – the “de minimis” loophole. The little-known de minimis provision in U.S. trade law allows a package of goods valued at $800 or less to come into the country for a person every day without paying duties and facing little scrutiny from customs officials.(Subscription Required)

 

https://www.charlotteobserver.com/opinion/article295062749.html