Save Money With Textile ERP: Mitigating the De Minimis Exemption Rule
In a highly competitive market, US manufacturers face many economic challenges from global competitors. One such example is the United States government’s de minimis exemption rule. This regulation has significant implications for domestic producers, particularly in the textile industry, where low-cost imports often dominate. Some manufacturers support this rule for lower-value raw material imports. However, many US textile companies and industry groups object to the regulation because of its negative financial impact on the US textile industry. This article…
