The Chairman of the House Ways and Means Committee wants to make China pay for its record-breaking e-commerce sales to the U.S. sold on platforms like Amazon and new China-owned retailers like Shein. He introduced a bill to make it happen.
WASHINGTON — The Coalition for a Prosperous America (CPA) applauded new legislation introduced by U.S. Representative Earl Blumenauer (D-OR), Chairman of the House Ways and
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 Senate Judiciary Committee hears from witnesses on how to combat online-sold counterfeit goods from flooding the U.S. They missed one key remedy — de minimis rulemaking needs a closer look.
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.
U.S. consumers might not always suffer. But any company in the U.S., including small and large retail stores, will increasingly be competing in a new B2C digital model that connects American consumers directly to China.
Walmart follows in Amazon’s footsteps and opens doors to direct China business to American consumer retail on its platform. At this point, retail giants Amazon