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US slashes 'de minimis' tariff on small China parcels
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Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.
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Trump Administration Slashes De Minimis Duties as Trade War CoolsFollowing the lowering of reciprocal tariffs, the White House announced that it would slash duties on de minimis shipments ...
The United States would cut the low value “de minimis” tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain, starting from May 14, modifying an earlier order imposed ...
Cheaper goods from China are no longer exempt from import duties, which could sharply raise prices for consumers.
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
Gold prices fell on Wednesday as de-escalation in U.S.-China trade tensions weakened safe-haven demand, while markets eyed ...
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while ...
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