Ninja Parcel 📦’s Post

If "de minimis" were to be cancelled, it would indeed have a significant impact on cross-border trade in America. It will directly impact cross border seller competitiveness, profitability, and ability to serve USA markets effectively. Instead they should think to lower the cap from $800 to $ 500. The Global Times reported, that "so far in 2023, the US imported 395 million packages that benefited from the de minimis rule, accounting for 76.54 percent of total package imports, according to statistics released by the US Customs and Border Protection (CBP) on May 12". According to another CBP report, packages from China accounted for about 60% of its imported de minimis shipment in 2021.(https://lnkd.in/grYw7YQZ) Managing every single package is nearly impossible given the sheer magnitude of these numbers, which is why the threshold was initially raised. However, this decision has proven to be counterproductive, as per the accounts of numerous U.S. politicians. ShipBob Shiprocket Parcel Perform UPS DHL Express FedEx Cainiao Network Aramex https://lnkd.in/gsV-aR3w

US lawmakers are turning up the heat on Temu, Shein, and their use of a shipping loophole that helps keep their prices low

US lawmakers are turning up the heat on Temu, Shein, and their use of a shipping loophole that helps keep their prices low

businessinsider.com

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