News / De minimis cut won't hurt demand for Chinese ecommerce, but for air cargo?

© Dmitrii Melnikov

While most companies are professing ‘uncertainty’ over the potential impact of the closure of the de minimis exemption for Chinese companies, two things are certain: tariffs, duties, and fees are already appearing on ecommerce invoices; and some etailers are pushing US buyers toward goods already in the US. 

The significant concern for the airfreight industry is that a big drop in demand from US consumers will trigger a big drop in rates.

Freightos CEO Zvi Schreiber has gone on record saying ...