Trump Pauses Tariffs on Millions of Low-Value Packages From China
Ending tariff exemptions on low-cost packages from China has broad bipartisan support in Washington, and Trump pulled the plug when he raised tariffs on Chinese goods by 10% earlier this week. Goods sent through duty-free packages became subject not only to existing tariffs — 25% for many Chinese products — but also the new 10%.
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them ...
(Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis ... reporters last year found they ...
The new tariff rules close off a trade loophole that had boosted Chinese mega-brands Shein and Temu but also aided in ...
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