New Trump tariffs hit cross-border e-commerce platforms
Donald Trump’s tariffs on imports from China target the “de minimis” trade provision, which allows goods worth less than $800 to be shipped duty-free. This exemption has been crucial for the growth of budget e-commerce platforms like Temu, Shein, and AliExpress, which use it to offer cheap products with minimal customs checks. The move comprises a 10% tariff on Chinese imports. It is part of a broader crackdown on the loophole, which has been criticized for enabling Chinese companies to undercut competitors and raise product safety concerns. Major online retailers like Amazon and eBay could benefit from these changes, as they also rely on similar trade rules for their international transactions.