US-Chinese trade restrictions likely to escalate further: Fitch

US-Chinese trade restrictions likely to escalate further: Fitch

China's credit score, economic growth expectations not set to affected in coming period, says ratings agency - Anadolu Ajansı

The executive order signed by US President Donald Trump to impose tariffs on Chinese goods also stopped the "de minimis" clause. This move is believed to be able to plug a major loophole in the US market where low-priced goods on Chinese e-commerce platforms circumvent US tariffs. Although US consumers are concerned about rising prices, analysts believe that Chinese merchants will absorb the tariff costs to maintain their competitiveness in the …

Logistics Firms Scramble to Adapt as U.S. Tightens Trade Rules on Chinese E-Commerce

Logistics companies are racing to adjust to new U.S. trade regulations first introduced under former President Donald Trump, which threaten to disrupt the booming cross-border e-commerce industry. The policy, which closed a loophole allowing duty-free entry for Chinese packages valued under $800, took effect after midnight last Tuesday (Washington time). This shift impacts billions of dollars in goods sold by major Chinese e-commerce platforms l…