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225 views • August 4, 2023

Key Trade Loophole Keeps Cheap Chinese Products Flowing to US

NTD News
NTD News
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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