Warning to forwarders as US mulls duty waiver on cheaper imports
05 Sep, 2024
SME forwarders should not be “betting their businesses” on a continuing flood of Chinese e-commerce into the US, as the country eyes stricter de minimis rules.
An increasing chorus is challenging the dominance of Chinese online platforms like Shein and Temu, following exponential market growth thanks in large part to the US de minimis policy, which exempts imported goods valued at less than $800 from paying duty.
Tony Chiappetta, co-owner of US forwarder Argents, told The Loadstar: “The likes of Shein and Temu have really stretched the limit of this de minimis loophole.