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Stock impact report

Looming de minimis restrictions put importers at a crossroads [Yahoo! Finance]

The Descartes Systems Group Inc. (DSGX) 
Last the descartes systems group inc. earnings: 3/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: descartes.com/descartes/investor-relations
Company Research Source: Yahoo! Finance
Without de minimis treatment for imports from key U.S. trading partners, companies are now figuring out the best path forward for their supply chains. During a webinar last week , cross-border logistics experts said there are several paths businesses can take depending on their particular needs. However, a deluge of trade policy changes and uncertainty about future regulations are making those decisions harder. "It's just fatigue around the conversation, because they just want to know what the rules are going to be," Maggie Barnett, CEO of LVK Logistics, said. The de minimis exemption is often leveraged by cross-border e-commerce shippers to ship sub-$800 products into the U.S. without having to pay additional duties, limiting shipping costs in the process. The Trump administration plans to ax the exemption for products from China permanently once "adequate systems are in place” to quickly process and collect related tariff revenue. De minimis eligibility is also slated to be Show less Read more
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