Tag #Cross-Border Trade

Showing 13 to 15 of 15 results

cnbc.com

🌐 85% Global Worthiness

Feb 5, 07:10

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

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Responsible Consumption and Production

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How did the elimination of the "de minimis" provision and the new tariffs contribute to the USPS's decision?

The suspension of inbound packages from China and Hong Kong by USPS directly impacts Chinese e-commerce giants like Shein and Temu, who heavily relied on the now-eliminated "de minimis" loophole for inexpensive U.S. shipping. This action is a direct result of President Trump's new tariffs aimed at curbing the influx of cheap goods and addressing concerns about illicit imports, disrupting the established distribution channels.

dw.com

🌐 85% Global Worthiness

Jan 6, 19:09

Dajabón Border Market: A Lifeline and Economic Engine Amidst Instability

The Dajabón border market, open Mondays and Fridays, facilitates substantial informal trade between the Dominican Republic and Haiti, generating nearly $430 million annually, despite limitations in infrastructure and challenges posed by Haiti's instability.

Dajabón Border Market: A Lifeline and Economic Engine Amidst Instability

The Dajabón border market, open Mondays and Fridays, facilitates substantial informal trade between the Dominican Republic and Haiti, generating nearly $430 million annually, despite limitations in infrastructure and challenges posed by Haiti's instability.

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Zero Hunger

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What are the main challenges faced by the Dajabón border market, and how do these affect its operation and future prospects?

The Dajabón market's operation reveals a complex interplay between order and chaos, reflecting the socio-economic disparities and security concerns affecting the Dominican Republic-Haiti border region. Haiti's food insecurity crisis drives demand for goods from the Dominican Republic, highlighting the interconnectedness of their economies. The market's limitations, including capacity and infrastructure, hinder further growth and efficiency.

zeit.de

🌐 75% Global Worthiness

Feb 5, 16:14

EU Investigates Shein for Consumer Protection Violations

The EU Commission launched an investigation into Shein for potential consumer protection violations, including unfair contract terms and practices, prompting stricter customs checks and fees for shipments from third countries; Shein stated it will cooperate with authorities.

EU Investigates Shein for Consumer Protection Violations

The EU Commission launched an investigation into Shein for potential consumer protection violations, including unfair contract terms and practices, prompting stricter customs checks and fees for shipments from third countries; Shein stated it will cooperate with authorities.

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How do the EU's actions against Shein relate to broader concerns about online marketplaces and consumer protection?

This investigation follows a similar one against Temu, revealing a pattern of scrutiny towards fast-fashion online marketplaces. The EU's actions highlight concerns about consumer rights violations, including misleading practices like false discounts and inadequate information on consumer rights, as evidenced by over 90% of tested Shein products found non-compliant with EU law.

Showing 13 to 15 of 15 results