News

the deep dive20h
No Relief for Shein and Temu Customers as White House Maintains Small Package Tariffs
Despite a new trade deal that temporarily reduces tariffs on many Chinese goods, the White House confirmed Monday that small ...
De minimis tariffs of low-value packages reduced to 54% after US-China talks
Low-cost packages imported to the United States by China that were historically exempted from paying dues have been provided ...
In big relief to Chinese e-commerce firms, US slashes tariff on small parcels
The US will cut the “de minimis” tariff for low-value items imported from China, a White House executive order said on Monday ...
ConsumerAffairs1d
US and China agree to temporarily reduce tariffs: What it means for consumers
The U.S. and China agreed to a 90-day reduction in tariffs—dropping U.S. tariffs on Chinese goods from 145% to 30%.  While ...
A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars
Companies squeezed by Shein and Temu are welcoming the end of a shipping rule that bolstered the Chinese e-commerce giants.
The US and China reached a 90-day trade truce. Now begins the race to import stuff.
Trade experts anticipate a spike in trade during talks and a substantial deal, but the risk of inflation and economic ...
Malay Mail6h
White House cuts de minimis rate to 54pc amid new China–US trade deal
The United States will cut the “de minimis” tariff for low-value shipments from China to as low as 30 per cent, according to a White House executive ...
US to cut 'de minimis' tariff on China shipments, bolstering broader trade truce
In February, President Donald Trump ended the de minimis exemption by imposing a tax of 120% of the package's value or a ...