Economics
Amazon Would Gain From Trump Push to Boost Cross-Border Retail
- U.S. wants Mexico and Canada to apply duties on fewer imports
- Canadian retailers concerned about raising exemption levels
Room for Improvement in Nafta Talks, Says Capistran
This article is for subscribers only.
U.S. online retailers like Amazon.com Inc. stand to gain from the Trump administration’s push to throw open the doors for Canadians and Mexicans to buy American goods duty-free.
The U.S. is demanding Canada and Mexico raise the threshold at which duties are applied to purchases crossing the border, according to two people with knowledge of a proposal put forward during negotiations on the North American Free Trade Agreement. Canadians pay import taxes on purchases from the U.S. above C$20 ($16), and Mexicans pay duties when they buy more than $50.