Tag: SHIPPING
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Arctic Shipping Routes: A New Frontier or a Risky Gamble?
The Arctic shipping routes, including the Northern Sea Route (NSR), Northwest Passage (NWP), and the anticipated Transpolar Sea Route (TSR), are becoming increasingly viable as global warming reduces ice coverage. These routes promise shorter transit times and lower fuel consumption compared to traditional shipping lanes like the Suez Canal. However, their security, economic feasibility, and…
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Temu & Shein Face New Tariffs: What It Means for Shoppers
The de minimis exemption has long provided e-commerce giants like Temu and Shein with a way to ship large volumes of small packages into the U.S. without incurring tariffs. Under this policy, goods valued at $800 or less have been able to enter the country duty-free, allowing these companies to maintain a competitive edge over…