At this week’s Trade Subcommittee hearing at House Ways & Means, talk of changing de minimis rules for goods bought on line; forced labor; and a few diehards bring up TPP.
The U.S. China Economic and Security Commission held a three part hearing on U.S. China relations in 2021. In Part 1, treating Hong Kong like it is no different than Shanghai is now up for debate.
An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.
China’s fast-fashion company Shein is the epitome of the new direct-to-China retail model. Unless de minimis trade rules are changed to match China’s the merger of the U.S. and China virtual economies will have a devastating impact on retail, manufacturing, and commercial real estate nationwide.
Customs says there is no ‘silver bullet’ to stopping the flood of fraudulent goods, or goods made from forced labor in Xinjiang, China. Meanwhile, Germany-owned Hugo Boss says they’ll still be Xinjiang cotton buyers.