The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products like $10 dresses to land in U.S. mailboxes tariff-free. This happens thanks to a "de minimis" rule exempting packages valued at $800 or less from tariffs as long as they're addressed and shipped to individuals. The exemption is open to all retailers but is most heavily used by Shein and PDD Holdings' Temu, and potentially by TikTok's new e-commerce business.
Focus: Key trade loophole keeps cheap Chinese products flowing to US reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Direct CEA flight delivers South American fresh produce fruitnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fruitnet.com Daily Mail and Mail on Sunday newspapers.
The first all-cargo direct flight carrying fresh products between South America and China will be launched on May 5 by Eastern Air Logistics, the freight unit under parent company China Eastern Air Holding, according to the Shanghai-based cargo carrier.
Apex Logistics puts last iconic Boeing 747-8F into operation supplychaindigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from supplychaindigital.com Daily Mail and Mail on Sunday newspapers.