Explainer | What Hongkongers should expect with official end of ‘de minimis’ exemption by US

Explainer | What Hongkongers should expect with official end of ‘de minimis’ exemption by US

Washington ended the “de minimis” exemption for mainland China and Hong Kong on Friday, which had allowed products valued at US$800 or below to be shipped to the United States duty-free. While there are indications Washington and Beijing are moving towards easing their tit-for-tat tariff war, businesses in Hong Kong and the mainland have already…

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US tariffs force Hong Kong e-commerce operators to seek new markets

US tariffs force Hong Kong e-commerce operators to seek new markets

Hong Kong’s e-commerce operators are exploring new markets and delaying major business decisions in light of US tariffs, industry players have said. One industry body said e-commerce firms could look towards expanding their operations in traditional markets when diversifying their business, while also exploring emerging ones in Southeast Asia, as well as Central and South…

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