PDD Holdings and the Impact of US Customs Clearance Changes on Cross-Border E-commerce
PDD Holdings and US Customs Clearance Turmoil
PDD Holdings, along with other cross-border e-commerce businesses, is grappling with the disruption stemming from US President Donald Trump's fluctuating tariff policies. The recent decision to remove the de minimis exemption has unleashed uncertainties for online sellers like Temu and Shein. As these companies navigate the chaos, they must brace for the ramifications on profitability and logistics costs.
Impact of Tariff Policies on Cross-Border E-commerce
- Increased US duties threaten the growth of Chinese e-commerce.
- Logistics service providers are adjusting their fees amidst policy changes.
- The de minimis limit of US$800 played a key role in cross-border commerce growth.
As businesses grapple with these changes, logistics adjustments and fluctuating costs remain a significant concern. Industry leaders are urging companies to enhance responsiveness to rapid policy shifts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.