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Former Reagan economist art, Laffer, President Donald Trump discusses the agreement on reducing the 90-day tariff.
According to a new executive order signed by the United States, the De Minimis tariff increases the tariff “De Minimis” from 120% to 54 ” Donald Trump.
Development comes after two countries Hit the trade deal The United States will reduce its temporary tariffs to 145% to 30%, and China will reduce its debts from 85% to 10%.
Trump previously eliminated the things known as “De Minimis” freedom, which is not exposed to tariffs from China and Hong Kong to $ 800. The newly signed executive procedure will now present a little flexibility to Chinese e-commerce companies such as Shein and Temu.
Starting on Wednesday, the De Minimis tariff will drop from 120% to 54%. $ 100 apartment fee for a parcel will remain in force, but this will not increase to $ 200 on June 1 as previously declared Executive order states.
Clothing packages for Temu in a workshop in China, China, China, China, China, April 16 in a clothing factory. (Through Jade Gao / AFP / Getty Images)
Reuters, With reference to two delivery specialists, they also stated packages from commercial shippers such as UPS, FedEx and DHL, with millions of products from Shein and Temu. The United States has applied to China.
The White House did not respond immediately to the desire to comment from the FOX business.
“De Minimis” Loofole was previously criticized to ensure Fentanyl Precursors entered the country.
China temporarily eliminates beans to Boeing to temporarily slash tariffs
Workers are preparing clothes in July 2022, China in a clothing factory that provided China in Guangzhou. (Through Jade Gao / AFP / Getty Images)
The White House said that many Chinese-based shippers, including synthetic opioids, in low-valuable packages, in low-valuable packages, De Minimis freedom.
Shein and Temu saw fast-fashioned growth in the US market with fashion, toys and other consumer goods in the US market, toys and other consumers in the US market.
A woman receives an order from the border e-commerce company. (Rodrigo Aragua / AFP / Getty Images)
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Congress research service report, Shein and Temu’nın 2023, the US discount market was about 17% of the US discount market, he said.
Fox work ‘Michael Dorgan, Landon Mion and Reuters contributed to this report.
