US trade policy changes present challenges and opportunities
Among the many changes to U.S. trade policy announced during the early days of the second Trump administration was the intention to eliminate the de minimis exemption on shipments to the United States. This exemption allows shipments valued at less than $800 to cross the border duty-free, presenting challenges for businesses that rely on smaller shipments. However, the real focus of this change isn't on small retailers but rather on large Chinese e-commerce companies, such as Shein, that sell products at ultra-low prices. “I don’t think we can blame them for revisiting this exemption,” says Assistant Professor Preetika Joshi. “There are many unanswered questions, and we don’t know what the world will look like a few months from now, but there is an opportunity to strengthen our country, our economy, and our trade policies.”
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