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US' end of de minimis exemption for China to harm businesses, consumers' interests

China

China

China

US' end of de minimis exemption for China to harm businesses, consumers' interests

2025-05-08 17:10 Last Updated At:18:07

China is firmly opposed to the United States' cancellation of duty-free access for low-value shipments from China, as the move will harm the interests of businesses and consumers in both countries, said He Yadong, a spokesman for the Ministry of Commerce at a press conference in Beijing on Thursday.

The White House ended U.S. duty-free access for low-value shipments worth 800 U.S dollars or less from China on Friday, removing the de minimis exemptions availed of by Shein, Temu and other e-commerce firms.

He noted that cross-border e-commerce meets the personalized needs of consumers in various countries, with unique advantages of high efficiency, fast delivery and low costs. "The U.S. has recently ended duty-free treatment for low-value packages from China, which will harm the interests of enterprises and consumers in both countries, and we firmly oppose it. I'd like to emphasize that ending the de minimis exemptions will not change the rapid development momentum of cross-border e-commerce. We're willing to strengthen cooperation with all countries and jointly create a fair and predictable policy environment to promote healthy and sustainable development of cross-border e-commerce," he said.

US' end of de minimis exemption for China to harm businesses, consumers' interests

US' end of de minimis exemption for China to harm businesses, consumers' interests

The U.S. share of global GDP under President Donald Trump has fallen to its lowest level since 1980, Russian news agency RIA Novosti reported on Saturday.

RIA Novosti said data from the World Bank and the International Monetary Fund show that U.S. purchasing power parity sank to 14.65 percent last year.

That's compared to an average of 14.93 percent during former President Joe Biden's four years in office.

U.S. share of global economy hits lowest point since 1980: Russian media

U.S. share of global economy hits lowest point since 1980: Russian media

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