Mercado Libre set to continue its Latin America ecommerce surge
Mercado Libre, a leading Latin American ecommerce platform, is betting on further rampant growth. On the ...
Logistics firms that focus on ecommerce are bracing themselves for a rocky May, when the US fully withdraws de minimis exemption for online purchases from China and Hong Kong.
The firms are advising clients to prepare for disruptions and delays – one is predicting “chaos after chaos”.
Yesterday, the White House doubled down, updating its de minimis rules for Chinese imports by increasing the ad valorem duty from 30% to 90%, increasing the $25 charge imposed from 2 May to $75 and, ...
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