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August 4, 2023
Key Trade Loophole Keeps Cheap Chinese Products Flowing to US
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NTD News
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The meteoric rise of shopping platforms selling Chinese-made goods has been fueled by a loophole that allows cheap products to land in U.S. mailboxes tariff-free.
This happens thanks to a rule exempting packages valued at $800 or less from tariffs as long as they're addressed and shipped to individuals.
A June report published by a House of Representatives committee estimated that Shein and Temu likely account for more than 30 percent of all shipments of this type into the United States.
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