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Eugene

(64,221 posts)
Thu Apr 3, 2025, 10:34 AM Thursday

Trump signs order ending duty-free treatment for cheap shipments from China

Source: Reuters

Trump signs order ending duty-free treatment for cheap shipments from China

Andrea Shalal
Wed, April 2, 2025 at 2:23 PM EDT 3 min read

WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as "de minimis" that has allowed low-value packages from China and Hong Kong to enter the United States free of duties.

Trump signed the order, which takes effect at 12:01 a.m. Eastern Time (0401 GMT) May 2, in the Rose Garden of the White House after announcing sweeping new tariffs on global trading partners.

The White House said the move, first reported by Reuters earlier on Wednesday, came after Commerce Secretary Howard Lutnick certified "adequate systems are in place to collect tariff revenue" on the shipments.

It said imported goods from China and Hong Kong sent outside the international postal network and valued at or under $800 would now be subject to all applicable duties.

-snip-

Read more: https://www.yahoo.com/news/finance/news/trump-considering-revoking-tariff-exemptions-182336458.html

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Trump signs order ending duty-free treatment for cheap shipments from China (Original Post) Eugene Thursday OP
A broken clock is right twice a day Envirogal Thursday #1

Envirogal

(193 posts)
1. A broken clock is right twice a day
Thu Apr 3, 2025, 12:04 PM
Thursday

I can’t believe I agree with that orange monster, but on this one, he was absolutely right to do it. That loophole has been hurting so many other retailers and allowing cheap products to enter this country, especially in the “fast fashion” industry with companies like SHEIN.

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