The recent removal of the de minimis exemption for shipments from China and Hong Kong to the U.S. is anticipated to significantly disrupt e-commerce and the air cargo sector. This change, effective May 2, is expected to lead to reduced demand, complicating capacity planning for carriers and prompting cancellations and rerouting of flights. With e-commerce constituting half of U.S.-bound shipments from China, industry experts warn of a logistical crisis and caution that traditional airfreight services won’t compensate for the anticipated volume decline. The overall impact on global trade is expected to be unprecedented.
Source: https://www.supplychaindive.com/news/de-minimis-tariffs-ecommerce-xeneta-air-cargo/747045/