May 13, 2025, 6:45 a.m.
US to cut 'de minimis' tariff on China shipments to 54% from 120%
The United States would cut the low value "de minimum" 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 by Washington, a White House executive order said on Monday.
US to cut 'de minimis' tariff on China shipments to 54% from 120%
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 by Washington, a White House executive order said on Monday.