Chinese e-commerce platforms face dramatic cost increases following Friday’s expiration of the US de minimis tax exemption, ending a policy that allowed packages valued below $800 to bypass customs duties. The loophole, heavily utilized by retailers including Shein, Temu and AliExpress, enabled shipments to avoid standard tariffs. US Customs processes approximately 4 million packages daily … Continue reading End of De Minimis Exemption Reshapes US-China Trade Dynamics