China has created large powerhouses (Shein, TikTok Shop, Temu, Wish, Aliexpress) in cross border B2C commerce owing to its high quality, low cost manufacturing capabilities.
Very insightful! I feel this De Minimis rule would already be on US govt's radar for changes, but still, I would bet that these Chinese orgs would find alternate solns to those changes / loose out on some margin only
Those numbers are staggering ... 100 entities with north of $100M in cross-border sales each, shows how broad-based this ecosystem development has been for Chinese institutions.
So the inflection point of Amazon + common-benefit State export policy & taxes + quality manufacturing prowess leveraged by all suppliers? Lethal combo to drive B2C (or even B2B) exports!
Very insightful! I feel this De Minimis rule would already be on US govt's radar for changes, but still, I would bet that these Chinese orgs would find alternate solns to those changes / loose out on some margin only
Wow, coincidentally Trump has already passed an order for the elimination of this rule around Feb 5-7 under his tariffs against China
https://www.wsj.com/business/why-trump-is-closing-a-trade-exemption-for-china-d0a5e597?utm_source=chatgpt.com
Those numbers are staggering ... 100 entities with north of $100M in cross-border sales each, shows how broad-based this ecosystem development has been for Chinese institutions.
So the inflection point of Amazon + common-benefit State export policy & taxes + quality manufacturing prowess leveraged by all suppliers? Lethal combo to drive B2C (or even B2B) exports!