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Bipartisan Bill Tackles Loophole Used by Chinese E-Retailers, Fentanyl Dealers

August 9, 2024 at 8:46 am Staff
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A bipartisan bill was introduced on Thursday in a bid to stop the United States from being flooded by counterfeits, forced labour products, and fentanyl from China.
The new bill will tighten the so-called de minimis entry rule which allowed Chinese e-commerce giants such as Shein and Temu to avoid tariffs, taxes, and customs inspections by shipping small packages directly to U.S. consumers, according to an explanatory note.
It comes after the number of low-value packages imported into the United States rose by over 258 percent in the past six years, from 298 million in 2017 to more than 1 billion in 2023, and is on track to grow further….

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