America’s threat to drop trade rule may hurt China, Temu and itself
A century-old American trade provision known as the “de minimis” rule has drawn the attention of some US lawmakers. They argue that the rule gives Chinese e-commerce platforms, such as Temu, an unfair advantage over American retailers. Post reporter Siqi Ji explores the arguments for scrapping the rule and explains why changing it will be hard despite bipartisan support.
Read Siqi’s story: https://sc.mp/5c57e8
Inside China · South China Morning Post
February 15, 202416m 41s
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Show Notes
A century-old American trade provision known as the “de minimis” rule has drawn the attention of some US lawmakers. They argue that the rule gives Chinese e-commerce platforms, such as Temu, an unfair advantage over American retailers. Post reporter Siqi Ji explores the arguments for scrapping the rule and explains why changing it will be hard despite bipartisan support.
Read Siqi’s story: https://sc.mp/5c57e8