Things like this is why i say removal of the exemption may not be significantly consequential to our UGL acquisitions, other than increased shipping costsIn the sense "anything" can happen, ok: A meteor might wipe us out.
Otherwise, I'd love to see anything that backs this up, because that's not an opinion I've seen expressed by anyone who's familiar with this topic. Politician, business, shipping company.....
The opposite in fact. Hundreds of millions have been spent by major Chinese companies on US warehouse space in the last few months to dodge this crackdown, They must be really stupid to do that unnecessarily.
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The Biden administration’s de minimis crackdown drives up demand for US warehouse space
Shein, Temu, and Alibaba expand their US warehouse presence: The push dovetails with the US crackdown on the de minimis loophole.www.emarketer.com
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