Trade Deal With Mexico Good for Small Businesses, Says eBay

EBay views as good news the de minimis value threshold in Mexico as part of the U.S.-Mexico trade deal (see 1808280003), it announced Wednesday. "This allows low-value shipments to cross borders with minimum effort, allowing for stronger global trade" and "the eBay Government Relations team has long advocated that countries raise their de minimis thresholds to promote trade," it said. The trade deal would double Mexico's de minimis to $100, though it's still well below the U.S. de minimis of $800.