Air Cargo Faces $22BN Revenue Hit When China Tariff Exemption Ends

Air Cargo Faces $22BN Revenue Hit When China Tariff Exemption Ends

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Air Cargo Faces $22BN Revenue Hit When China Tariff Exemption Ends - Nemos News Network

By Eric Kulisch of FreightWaves U.S. plans next month to cancel tariff-free access for low-value parcel shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, could bleed more than $22 billion in revenue from the air cargo sector over three years and put thousands of online sellers with […]

Air cargo faces $22B revenue hit when China tariff exemption ends

The air cargo industry could see revenues cut by billions of dollars and China-US air rates plunge by 30% or more when the Trump administration revokes duty-free treatment for small e-commerce shipments, according to one logistics expert’s scenario modeling.