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How a key trade loophole keeps cheap Chinese products flowing to US

How a key trade loophole keeps cheap Chinese products flowing to US
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Key trade loophole keeps cheap Chinese products flowing to US | Hellenic Shipping News Worldwide

Key trade loophole keeps cheap Chinese products flowing to US | Hellenic Shipping News Worldwide
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Key trade loophole keeps cheap Chinese products flowing to US

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

Focus: Key trade loophole keeps cheap Chinese products flowing to US
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