
Decoding Cross-Border Ecommerce
Dive into the world of international ecommerce with 'Decoding Cross-border Ecommerce,' a podcast aimed at demystifying the complexities of global markets and shedding light on the path for businesses aiming to expand or succeed in global markets. Hosted by Clint Reid, CEO and Founder of Zonos, and Aaron Bezzant, Zonos' Head of Global Trade Strategy, this podcast series provides listeners with essential insights into overcoming the challenges of cross-border transactions.
Clint and Aaron bring their years of cross-border experience and expertise directly to you, covering everything from the intricacies of de minimis values to navigating complex international tax laws. Each episode focuses on practical strategies, innovative solutions, and the latest trends in global commerce, aiming to simplify international selling and compliance for businesses of all sizes.
Whether you're just starting to explore international markets or looking to enhance your existing global commerce strategy, "Decoding Cross-border Ecommerce" offers valuable perspectives to help your business thrive in the competitive world market.
About Zonos
Based in St. George, UT, USA, Zonos is the global technology leader for cross-border commerce, committed to creating trust in global trade. With a mission to lower the barriers for businesses expanding globally, Zonos simplifies international commerce through innovative software, APIs, and plugins. Providing businesses with the tools and data needed for cross-border selling, Zonos is known for its true landed cost solution, making the world market accessible to everyone.
Decoding Cross-Border Ecommerce
U.S. De Minimis Loophole Exploitation: What’s at Stake? | Decoding Cross-Border Ecommerce | Ep #42
Did you know that $61-$78 billion worth of goods enter the U.S. duty-free each year under the $800 de minimis threshold? While this policy simplifies trade for low-value imports, it’s also raising tough questions about its impact on U.S. businesses and trade policy.
In this episode of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos’ Head of Global Trade Strategy, explore the loopholes businesses use to avoid paying tariffs, what’s happening just over the U.S. border with fulfillment, and the surprising ripple effects on global trade.
Could changes to de minimis reshape ecommerce and international shipping? Tune in to find out what’s really at stake and how it could impact your business.
Related links:
De minimis guide:
Section 321 blog:
https://zonos.com/blog/section-321?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
Learn more about Zonos:
https://www.zonos.com/?utm_source=youtube&utm_medium=video-link&utm_campaign=podcast
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[00:00:00] Opening clip
[00:02:34] De minimis, process for duty and tax collection
[00:05:15] Shipments entering the US below the de minimis
[00:08:14] Potential tariff value of low-value packages entering the US
[00:09:01] De minimis rules and limitations
[00:13:52] De minimis requirements. Informal vs. formal entry
[00:14:54] Most generous de minimis in the world?
[00:16:35] De minimis loopholes
[00:20:01] Final thoughts