Air cargo faces $22B revenue hit when China tariff exemption ends

Contributing sentiments towards policy:

58% : Trump revokes duty-free access for Chinese e-commerce shipments Has the e-commerce bubble burst for air cargo?
50% : In addition to significantly higher import costs, air shipments are expected to take longer for CBP to process under the standard entry process.
49% : Starting next Friday, retailers will need to file formal customs entries, which require much more information and time than the fast-track de minimis process, to clear individual shipments U.S. Customs and Border Protection says lax data requirements for de minimis shipments makes it difficult to screen for entry of illicit and unsafe goods.
42% : Trump canceled de minimis on the grounds that it enables smuggling of the opioid fentanyl and cheap imports that undercut U.S. retailers and manufacturers.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.