China-US air freight tumbles on 'de minimis' tariff; airlines adjust routes

China-US air freight tumbles on ’de minimis’ tariff; airlines adjust routes

Analysis-China-US air freight tumbles on ’de minimis’ tariff; airlines adjust routes

China-US Air Freight Tumbles on 'De Minimis' Tariff; Airlines Adjust Routes

China-US air freight tumbles on 'de minimis' tariff; airlines adjust routes

Air freight capacity between China and the U.S. dropped by almost a third after a tax-free exemption for low-value items out of China was removed this month, industry data showed, denting a significant revenue stream for Asia's major airlines.

The commercial figure that allowed the arrival of packages below US$800 without taxes, called “minimis”, was reversed by the White House, starting with ...