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 suspended his country’s special rules for “de minimis” merchandise from China and Hong Kong.
How China is retaliating against Trump’s tariffs
China unveiled multiple countermeasures on Tuesday, immediately after new U.S. tariffs on its imports took effect. This marks the latest development in an escalating trade dispute that began with President Donald Trump’s weekend announcement of broad tariffs targeting multiple trading partners.
China tariffs may already be hiking up import fees
A Trump administration order over the weekend added a 10 percent tariff to goods from China and closed the de minimis exception, a loophole that lets packages valued under $800 enter the US duty-free. The new rules appear to have quickly resulted in people being asked to pay additional charges on many more shipments from China.
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.
'De minimis': the trade perk Trump ended as part of China tariffs
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" exemption on import tariffs. Trump's halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on Canada and Mexico,
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 ...
What New U.S. Policies on Imports From China Mean for Shein and Temu
USPS said it would work with Customs and Border Protection to implement a collection process for new China tariffs to avoid ...
FOX 5 New York on MSN2d
How tariffs on Chinese imports are impacting the local economy
Chinese-made products coming to the U.S. such as cellphones, TVs, and computers are now facing a 10% tariff. However, if you ...
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 ...
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide ...
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 ...
China has delayed or redirected 600,000 tons of wheat imports, sources say
China has delayed imports of up to 600,000 metric tons of mostly Australian wheat and offered some of these cargoes to other ...
China retaliates against Trump with tariffs on select US imports, AP Explains
China announced retaliatory tariffs on select American imports and an antitrust investigation into Google on Tuesday, just ...