
#29 | Four Implications of the Wagner Revolt for China, PRC Constitution Designates Xi a Dictator, and the Threat of Chinese E-commerce
China Insider
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Chinese E-Commerce and the US Trade Loopholes
A new report found that Chinese e-commerce companies such as Xi'in and Timu have been exploiting trade loopholes to import goods to the US. They're relying on the Day Minimus Provision of the Tariff Act of 1930, which waves these tariffs for shipments under $800. By shipping in such small portions, they're able to skirt the compliance requirements for the Weager-Forrest Labor Prevention Act or UFLPA. This has a serious national security concern because if a Chinese company occupies a huge market share in e-commerce, information on privacy will engrave danger.
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