Trump signs order delaying tariffs on de minimis imports from China
U.S. President Donald Trump on Friday signed an executive order delaying tariffs on de minimis, or low-cost, packages from China until the Commerce Department can confirm that procedures and systems are in place to process packages and collect tariff revenue.
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The president temporarily paused a provision that had imposed tariffs on many packages sent from China beginning this week and that had sowed confusion among retailers and shippers.
President Trump moved to close a loophole that has fuelled a boom in cheap goods being shipped from China to the U.S. WSJ’s ...
American shoppers must now pay duties for small-value direct-from-China orders. Read more at straitstimes.com.
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
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