new York
Cnn
–
The Trump administration delayed the suspension of the supposedly the layout of minimiswhich allows the plans of a value of less than $ 800 to enter the country in the franchise of rights, a decision which helps the purchasing sites at low cost from China which Sell everything, from fast fashion to furniture.
The delay will last until “adequate systems are in place” so that the Commerce Department “to treat fully and quickly and to perceive pricing income”, according to a new executive action announced on Friday.
A suspension of the longtime provision of Minmis has had disastrous effects on Chinese electronic trade sites such as Shein, Temu and Aliexpress – as well as for Amazon, Ebay, Etsy and other retailers who ship from China.
The arrangement was part of the announcement by Trump of 10% prices between the edges on China this week, a decision which, as well as reprisal rates from China, could reshape world trade.
Chinese electronic commerce sites have built their Gargantuan commercial models around this exemption. Advanced restrictions and tax exemptions on cheap products have enabled more than a billion packages to pay at a low cost price for consumers looking for tenders on household items.
Delay is another example of Trump’s policy by meeting reality, told CNN Clark Packard, researcher at Libertarian Cato Institute.
Experts previously said cnn The suspension would overwhelm customs and the protection of American borders. More than 80% of the total of American electronic trade expeditions in 2022 were minimis imports, according to a Congress research report.
“You should have many more people on the ground,” said Packard. “The reality is that at that time, customs and border protection are simply not qualified or capable of managing this due to the volume of packages.
The decree has not said how long the delay would last.
Packard said there was no estimate of the duration of the duration. Logistically, he said that it would take at least a year to create a fully functional system, but the delay could also be a commercial negotiation tactic.
To get around the disappearance of the exemption, companies can extend their warehouses in the United States, Christopher Tang, a world management professor of the supply chain at the University of California in Los Angeles, previously told CNN.
They can ship bulk amounts via customs, then resistance products in the United States, but customers will always have to pay the import tax.