Reported about 8 hours ago
President Trump's recent elimination of duty-free privileges for low-value e-commerce shipments from China, Mexico, and Canada is expected to significantly disrupt the air cargo industry. This change could reduce the volume of air cargo from China to the U.S., leading to a potential drop in air cargo rates by 30%. Chinese e-commerce giants like Shein and Temu might struggle with increased costs, and overall business models for international trade may need to adapt drastically to these new tariffs.
Source: YAHOO