1. Short title This Act may be cited as the De Minimis Reciprocity Act of 2023 . 2. Modification of treatment of de minimis entries of articles Section 321 of Tariff Act of 1930 ( 19 U.S.C. 1321 ) is amended— (1) by amending subsection (a)(2)(C) to read as follows: (C) in any other case, such amount as the Secretary establishes under subsection (c)(1). ; and (2) by adding at the end the following: (c) Treatment of de minimis entries (1) Reciprocity with respect to de minimis entries (A) Establishment of thresholds (i) In general Not later than 180 days after the date of the enactment of the De Minimis Reciprocity Act of 2023 , the Secretary of the Treasury shall prescribe regulations to establish dollar amount thresholds, which may not exceed $800, for de minimis entries for purposes of subsection (a)(2)(C). (ii) Requirements The Secretary shall establish a threshold under clause (i) for each country that takes into consideration— (I) the dollar amount threshold of that country for de minimis entries from the United States; and (II) any related thresholds of that country, such as a threshold relating to a value-added tax on imports. (iii) Publication; notification Not later than 180 days after the date of the enactment of the De Minimis Reciprocity Act of 2023 , the Secretary shall— (I) publish the threshold established under clause (i) in the Federal Register; and (II) notify the governments of foreign countries of the threshold. (B) Re-shoring and Near-shoring Account (i) In general There is established within the Treasury of the United States an account to be known as the Re-shoring and Near-shoring Account (in this subparagraph referred to as the Account ), consisting of such amounts as are— (I) transferred to the Account under clause (ii)