US EditionTrump signs order ending duty-free treatment for cheap shipments from China
- President Donald Trump signed an executive order to close a loophole for de minimis packages from China and Hong Kong, with new duties starting May 2, 2025, at 12:01 a.m.
- The new tariff will require a 30% duty or $25 per item for goods valued at less than $800, increasing to $50 per item after June 1, 2025.
- Trump stated that these measures aim to target deceptive shipping practices linked to synthetic opioid trafficking.
- According to a Cato Institute study, removing the exemption could cost Americans $11 billion to $13 billion annually, impacting lower-income consumers significantly.
167 Articles
167 Articles
Trump closes China tariff loophole in blow to Temu and Shein
louisianafirstnews.com
Shein, Temu may be more expensive under Trump rule change
(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order Wednesday to end the so-called "de minimis" exemption on merchandise from China and Hong Kong. The rule allowed companies to avoid import taxes and certain customs paperwork on packages worth $800 or less. It's a decision that could lead to higher costs for…
Trump ends tax exemption for low-value Chinese imports
UNITED STATES – A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days are probably numbered. President Donald Trump is ending a little-known but widely used exemption that has allowed as many as 4 million low-value parcels — most of them originating in China — to arrive in the US every day tax-free. An…
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