Stealthy change inserted in trade bill could boost foreign Internet sales

By Stephen Frothingham

Chain Reaction is promoting the new rule.

WASHINGTON, D.C. (BRAIN) — Dealers and distributors could feel the bite from a one-sentence provision in a 160-page trade bill that, in effect, has made it easier for consumers to buy more bicycle parts and accessories from foreign websites.

The legislation, signed into law Feb. 24, raised the amount consumers could spend on overseas Internet purchases without paying import duties. The old amount was $200. That threshold has been raised to $800.

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Via:: Bicycle Retailer and Industry News