By Farah Master, Casey Hall and Lisa Baertlein HONG KONG/SHANGHAI/LOS ANGELES (Reuters) - The U.S. will cut the "de minimis" tariff for low-value shipments from China to as low as 30%, according to a White House executive order and industry experts,

The White House has temporarily relaxed duties on parcel imports from China that entered the country without duty prior to May 2, but efforts continue to eliminate the de minimis exemption altogether.

The news comes after Washington and Beijing came to a temporary trade agreement that was hailed as a “total reset” in relations between the two countries.