Quotes
Well, that was a fun Tuesday through Friday, if you work in global e-commerce,
said Derek Lossing, CEO of e-commerce and global supply chain firm Cirrus Global Advisors
We're navigating these significant changes to U.S. trade policy as they come, as best we can on behalf of our clients,
said Brian Bourke, global chief commercial officer for SEKO Logistics, which moves e-commerce packages targeted with new dutiesThe USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption to package delivery,
it added, without further details
De minimis protections are crucial for small businesses in international trade,
the company wrote in its post
Without small-business protections, legitimate entrepreneurs suffer under policies intended to curb exploitation,
the post readWe're not just talking about $5 dresses and other types of clothing, ... We're talking about inputs that power US manufacturing and really move the US economy."
John Pickel, Senior Director of International Supply Chain Policy at the US National Foreign Trade Council, said ... adding,
Americans are finally going to understand what I do for a living after they pay a $17 fee to DHL plus duty just to get an order from China,
Reid said
Removing the de minimis exemption for Chinese imports is likely to raise their prices for consumers, particularly for lower-income consumers,
said Amit Khandelwal, professor of global affairs and economics at Yale University, who co-authored the research paper with Pablo Fajgelbaum of UCLAIf I'm going to pay higher prices, I at least need to get my items in a timely manner,
Hughes said, referring to Amazon's speedier shipmentI think there will be real impact, especially in the short term, but it is not catastrophic,
Ma saidI think it’s important to separate Shein from the rest of the e-commerce players because their business is based on speed of supplying new styles and they have to remain very reactive to trends, so speed is a bigger part of their business,
he saidTemu strictly prohibits the use of forced labor and enforces our Third-Party Code of Conduct, which bars all forms of involuntary labor
A Temu spokesperson was quoted as saying by Fly.com
At some point there's going to be 3 million of these goods piling up a day and customs can do their best, but they're not equipped,
said Hugo Pakula, CEO of supply chain compliance company Tru Identity
The elimination of a small-package tax exemption will pose challenges to Chinese cross-border online marketplaces, and force these platforms to adjust pricing strategies and establish more local warehousing and logistics facilities in overseas markets, in order to reduce dependence on cross-border transportation and lower international logistics costs,
Hong said
The problem is not with the Postal Service. The problem is with Customs. They are not prepared for what's happening,
said one postal industry expert, who requested anonymity for fear of retribution
We're all running around like headless chickens at this moment in time, trying to second-guess what's going to happen. And in two weeks' time we may be back to normal,
said Martin Palmer, co-founder of Hurricane Commerce, a cross-border ecommerce data providerThere has really been absolutely zero time for anyone to prepare for this,
said Maureen Cori, co-founder of New York-based consultancy Supply Chain ComplianceThe trillion-dollar question,
the expert said,We don't have that luxury. Everything's happening immediately without preparation,
she said