In 2016, the United States implemented legislation revising 19 U.S.C. § 1321 ("Section 321") and thereby increasing the de minimis amount for imports into the United States.
Retailers are kicking off the unofficial start of the holiday shopping season today with a bevy of discounts and other enticements. But executives are growing concerned with a spending slowdown that could temper sales on the day after Thanksgiving as well as throughout the holidays.