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What is behind the repeated "small tax exemption" policy?
American consumers rely on small tax exemptions to buy low-priced goods, especially good ones from China. If the tax exemption policy is abolished, it will directly lead to a rise in commodity prices and increase the cost of living for consumers. In the short term, it will be difficult to find alternative sources of low-cost goods.
What's more, U.S. Customs is not prepared to handle such a huge volume of package declarations. Hundreds of thousands of small packages are shipped from China to the United States every day, more than 1 billion pieces a year, and the United States Customs has not yet established supporting systems and processes, and when the new regulations are implemented, it will inevitably fall into chaos, resulting in a large number of packages squeezed. This "God operation" makes enterprises face great difficulties in developing long-term production and sales plans, and market confidence is frustrated.
Although Trump has suspended the abolition of small tax exemptions, the US government has not made clear whether it will adjust again in the future.
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