Core Points - The Trump administration has abruptly ended the global de minimis tax exemption policy, originally set to expire in July 2027, citing a "national emergency" to protect American citizens and businesses [1] - Starting August 29, all packages valued under $800 sent to the U.S. will no longer enjoy tax exemption, significantly impacting the global cross-border e-commerce sector and American consumers [1] Policy Details and Loopholes - Under the new regulations, packages sent via postal systems face two customs duty options: either pay a "value-added tax" based on the country of origin or a fixed fee ranging from $80 to $200 [2] - In contrast, packages shipped through commercial express channels must pay all applicable duties without any exemptions [2] - Short-term travelers may be the only exception, as personal items valued under $200 and gifts under $100 can still enjoy tax exemption [2] Data Behind the Policy - The decision was driven by alarming statistics showing a surge in de minimis packages from 134 million in 2015 to 1.36 billion in 2024, with an average daily processing volume exceeding 4 million [3] - Low-cost e-commerce goods from Asia accounted for 55% of air freight from China to the U.S., a significant increase from 5% in 2018 [3] Initial Impact of the Policy - The effects of the new policy are already visible, with a 10.7% drop in air freight from Asia following the cancellation of tax exemptions for Chinese packages in May [4] - Reports indicate that prices for some e-commerce platform products have doubled, and many users are experiencing shipping delays [4] - Several foreign brands have halted shipments to the U.S., and some small businesses are forced to exit the U.S. market [4] Who Will Be Affected - The primary victims of this policy are low-income American families, with a report predicting potential annual losses of up to $47 billion, directly impacting those reliant on affordable cross-border goods [5] - Essential items such as clothing, daily necessities, and small electronics will likely see price increases [5] Corporate Response Strategies - In response to the sudden tariff shock, companies are rapidly adjusting their strategies, with platforms like Temu shifting to U.S. warehouses to avoid tariffs [8] - Some footwear brands are relocating inventory from Canadian warehouses to the U.S. to mitigate costs associated with tariffs on goods transiting through Canada [8] Challenges for Customs - The full implementation of the new policy poses significant challenges for the U.S. customs system, with warnings that processing all packages individually could require billions in investments for manpower and system upgrades [9] Execution Challenges - The policy has already revealed execution issues, as seen in February when a brief cancellation of the tax exemption was reversed due to customs' inability to handle the volume of packages [11] - Legal battles and delays have also plagued the implementation of the tax exemption ban on Chinese goods [11] Perspectives - Analysts have pointed out that while the policy appears to target China, it effectively acts as a tax increase on American consumers [13]

Core Viewpoint - The cancellation of the $800 de minimis exemption policy by the U.S. is expected to significantly impact cross-border e-commerce, leading to increased costs for sellers and potential market exits for smaller businesses [1][2][6]. Group 1: Policy Changes and Impacts - The U.S. officially terminated the $800 de minimis exemption on May 2, 2024, which previously allowed low-value goods from China to enter the U.S. without tariffs [1][4]. - This policy change is projected to result in annual losses of up to $47 billion for businesses and consumers, disproportionately affecting low-income groups [1][2]. - The new regulations require that packages valued under $800 must now pay a tariff of 120% or $100 per item, significantly increasing costs for sellers who previously enjoyed zero tariffs [6][10]. Group 2: Seller and Platform Responses - In response to the increased costs, sellers and platforms are considering price hikes, with some already implementing increases of around 30% on various products [8][10]. - Many sellers are pausing shipments to the U.S. to reassess their strategies, with reports indicating that logistics costs have risen to levels exceeding product prices [1][3]. - Platforms like Temu and SHEIN are shifting towards a "semi-managed" model, emphasizing the need for overseas warehousing to maintain competitiveness [9][10]. Group 3: Market Dynamics and Future Outlook - The cancellation of the exemption is expected to accelerate market consolidation, favoring larger sellers with robust supply chains while putting smaller sellers at risk of exiting the market [10]. - The industry is likely to transition from a direct shipping model to a "sea freight + overseas warehouse" model, which may lead to a more globalized warehousing network [10]. - The long-term implications suggest a shift from price competition to value competition, with an emphasis on branding and compliance becoming critical for survival [10].

Group 1 - The tariff increase in both magnitude and scope exceeds market expectations, with over 180 countries facing new "reciprocal tariffs" announced by Trump on April 2 [2] - The highest tariffs are imposed on Lesotho at 50%, followed by Cambodia at 49%, Laos at 48%, and Vietnam at 46%. China faces a 34% tariff, while South Korea, Japan, the EU, and the UK face tariffs of 25%, 24%, 20%, and 10% respectively [2] - The new tariffs are expected to take effect on April 9 [2] Group 2 - The small-value exemption policy for goods exported from China, previously allowing items valued under $800 to be exempt from tariffs, will be officially canceled on May 2. A 30% tariff or $25 per item will be imposed, increasing to $50 per item after June 1 [3] - This policy had been briefly suspended in early February [3] Group 3 - Certain industries, including steel, aluminum, automotive, gold bars, copper, pharmaceuticals, semiconductors, and wood products, will not be affected by the reciprocal tariffs [4] - A 25% tariff on automobiles will take effect on April 3 [4]

在近几日举办的2025CCEE雨果跨境展上，证券时报记者实探发现，有关于美国市场对"来自中国的商品不再享有800美元以下低货值免税政策"的话题成为全行 业关注的焦点。 虽然这一政策随后又被迅速恢复，但仍如一柄"达摩克利斯之剑"高悬，不知何时又会再度放下。"取消800美元关税豁免，对我们整个行业冲击都很大，尤其是之前 做直邮小包业务的。虽然很快这一政策又恢复了，但我们现在依然很焦虑。"一位中小卖家如是说。 所谓的"小额免税"政策，早在1938年就开始实行，最初是为了方便美国游客将旅行纪念品免税运回美国，允许价值不超过5美元（相当于如今的106美元）的小额包 裹免税进入美国。 关于"小额"的标准在1994年被提高至200美元，2016年提高至800美元。与之紧密相连的是T86清关模式，凡是低于800美元的小额包裹，可以通过T86清关模式简化 流程，从而将清关时间压缩到3—5天。 近几年来，众多电商企业借此以小包直邮方式向美国市场输送大量商品，也曾长期利好Shein、Temu等中国跨境电商在美国开展业务。从2015年到2023年，美国申 请免税的小额包裹数量从1.39亿件激增至13.6亿件，增幅高达600%。 在这 ...