3 ms·
I don't think this is exactly a scam but my understanding is that these businesses exploit a loophole in de minimis trade rules that were meant for consumers br
by atlasunshrugged 3y ago
I don't think this is exactly a scam but my understanding is that these businesses exploit a loophole in de minimis trade rules that were meant for consumers bringing in negligible amounts of goods they purchased overseas without tariffs, rather than massive businesses selling products all over the U.S. Once that loophole is closed the business model might collapse (or they might try to move production to Mexico, cheap U.S. states, etc.)
https://www.reuters.com/business/retail-consumer/key-trade-loophole-keeps-cheap-chinese-products-flowing-us-2023-08-04/ https://www.reuters.com/business/retail-consumer/key-trade-l...