What Closing the De Minimis Tariff Loophole for US Imports from China Means
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along with imposing new 10% tariffs on all Chinese imports as of Feb. 4, US President Donald Trump ordered the suspension of his country’s special rules for “de minimis” merchandise from China and Hong Kong.
China’s retaliatory tariffs on U.S. imports now in effect
Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on Tuesday, China's Finance Ministry said it would impose levies of 15 per cent on imports of U.S. coal and LNG and 10% per cent for crude oil as well as on farm equipment and some autos,
China responds with tariffs on US goods after Trump's tariffs on Chinese imports take effect
China imposed tariffs on some U.S. imports in response to new tariffs President Donald Trump put on Chinese goods beginning shortly after midnight on Tuesday.
Trump’s new 10% tariffs on China take effect — Beijing responds with retaliatory taxes on US imports
The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and Canada were able to negotiate a 30-day pause on the implementation of
Trump Delays Crackdown on China Imports Loophole
A new executive order restored a provision that allows low-value shipments to avoid taxes and tariffs.
Trump delays cancellation of de minimis trade exemption targeting China imports
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption.
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%.
Trump delays removal of tariff exemption for cheaper imports
Days after signing an order to revoke the de minimis exemption, the president opted to let it continue until the U.S. government has a system for collecting tariffs on Chinese goods.
Trump pauses de minimis repeal as packages pile up at US customs
By David Lawder, Helen Reid, Lisa Baertlein and Lisa Barrington WASHINGTON/LONDON/LOS ANGELES (Reuters) - U.S. President Donald Trump paused his administration's repeal of duty-free treatment of low-cost packages from China on Friday,
Trump suspends tariffs on small packages from China
The postal service temporarily stopped accepting packages from China as a result of the order, only to reverse course a day later. The chaos left many in the US wondering about the fate of packages ordered from companies such as Shein and Temu,
Trump Just Eliminated the $800 Duty-Free Exemption for Imports From China. It Could Be a Disaster for Small Businesses
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher ...
Fast fashion, laptops, and toys are likely to cost more due to U.S. tariffs on Chinese imports
Trump levied an additional 10% tariff on all good imported from China. The country said it would impose retaliatory tariffs ...
Unexpected fees shock U.S. consumers as Trump ends $800 duty-free imports from China
This exemption had fueled the growth of cross-border e-commerce, particularly benefiting platforms selling low-cost items ...
Chinese foreign ministry urges Sino-US dialogue as import tariffs kick in
The Chinese foreign ministry called for dialogue between China and the United States on Wednesday as an additional 10% in U.S ...
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US tariffs on Canada, Mexico paused; China hits back with tariffs of its own | The Excerpt
Meanwhile, when it comes to China, there's a different story. The country said earlier today that it would impose fresh tariffs on US imports, in retaliation to new US duties that came into effect ...
Sheinbaum pushes for reduced Chinese imports to shield Mexico from potential U.S. tariffs
The administration of President Claudia Sheinbaum has announced a plan to strengthen Mexico’s domestic production as Trump’s ...
China's iron ore and coal imports ease in January, but prices diverge
China's imports of iron ore and seaborne coal are on track for a soft start to the year, with January arrivals declining to ...
Stock market today: Wall Street falls as Trump imposes new tariffs on steel and aluminum imports
Wall Street is trending lower before the opening bell Tuesday following new tariffs announced by the White House. There are ...