This Project Grant award from the National Science Foundation's Social, Behavioral, and Economic Sciences program (CFDA 47.075) provides $473,000 in funding to the National Bureau of Economic Research Inc. to conduct a research project on the economic implications of de minimis trade policies. The key products and services to be delivered under this grant include:
Developing a quantitative trade framework to analyze how de minimis policies, which exempt low-value imports from customs duties, affect firms, consumers, and overall welfare. The research will leverage new data sources, including shipment data from major carriers, to identify relevant economic parameters and model the aggregate and distributional effects of de minimis rules. The findings are intended to inform trade policy design and enhance the welfare of U.S. consumers and businesses. No subawards are planned under this grant. The project period runs from March 2025 through February 2028.
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