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ID 277888677 © Supattra Suparit | Dreamstime.com

Shippers and forwarders with long-term commitments for transpacific aircraft capacity could find themselves in a turbulent situation if airlines don’t make concessions as the US de minimis exemption is lifted this week.

Tomorrow, the US will revoke de minimis customs exemption for all postal items from China or Hong Kong valued less than $800. The packages will be subject to one of two duty rates elected by the carrier ? 120% of the item’s value or $100 per item. And from ...

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