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ARTICLE · 10 APRIL 2024

De Minimis An Ever-Growing Problem Of De Maximus Proportion

From Wikipedia: De minimis is a Latin expression meaning "pertaining to minimal things", normally in the terms de minimis non curat praetor. ("The praetor does not concern himself with trifles") or

United StatesInternational Law

From Wikipedia: De minimis is a Latin expression meaning "pertaining to minimal things", normally in the terms de minimis non curat praetor. ("The praetor does not concern himself with trifles") or de minimis non curat lex ("The law does not concern itself with trifles") De Minimis, in this case is the definition of a goods exchange of little or inconsequential value. At the time in history when this was originally being chiseled into stone, imagine a government totally distracted by implementing strategies to come out of the Great Depression, with a litany of things to be concerned with much less the tariff rate on small individual packages coming into the states. This provision, found in Section 321 of the Tariff Act of 1930, has unintended consequences, like so many other tariff policies from decades ago that are still in place today. This one definitely needs dusting off and a re-do.

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