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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, which were paused for a month.
Tariff delay on 'de minimis' latest in flurry of tariff moves Trump signed orders on Feb. 1, issuing tariffs against China, Mexico, and Canada that were scheduled to go into effect on Feb. 4.
The loophole became the “primary path” for online purchases from China into the U.S. market, the report found, and the financial implications were vast — exports of low-value packages from ...
An obscure tariff law loophole that’s been around since the 1930s, the exemption allows packages with a value of less than $800 to enter the United States without the shippers paying import ...
(The Center Square) – President Donald Trump over the weekend laid down a controversial, across-the-board tariff against China. One aspect of Trump’s ongoing crackdown on trade with China may ...
Tariffs on Canada and Mexico have been put on hold for about a month. Trump also threw out a trade exemption that allowed low-value shipments from China to bypass duties, a loophole that had given an advantage to China-founded e-commerce firms, such as Shein and Temu. The new tariffs could benefit Amazon by increasing costs for its competitors.
The executive order, to take effect on Feb. 4, placed 25% tariffs on many imports from Canada and Mexico (though leaders from both countries announced deals to delay the tariffs by at least one ...
Prices will rise for Americans who buy $5 shirts, $10 lamps and $20 shoes on direct-from-China shopping sites like Shein and Temu after U.S. President Donald Trump this week imposed 10% tariffs on ...