S. 1969 — De Minimis Reciprocity Act of 2023

This bill makes various changes to de minimis treatment of U.S. imports. (Current law allows for imports under a de minimis threshold to enter the United States free of tariffs and taxes with minimal inspection. In 2016, Congress raised this threshold from $200 to $800.) Specifically, the Department of the Treasury must prescribe regulations to establish dollar amount thresholds (which may not exceed $800) for de minimis entries. Treasury must establish a threshold for each country that takes into consideration (1) the dollar amount threshold of that country for de minimis entries from the United States; and (2) any related thresholds of that country, such as a threshold relating to a value...