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Trump raises duties on Chinese small parcels by 60% targeting Shein, Temu

punchng.com/trump-...

submitted about 1 year ago by uzong

Trump raises duties on Chinese small parcels by 60% targeting Shein, Temu

submitted about 1 year ago by uzong

Trump raises duties on Chinese small parcels by 60% targeting Shein, Temu
  • President Trump signed an executive order increasing duties on small packages from China, raising them from 30 to 90 percent, which may affect the import of affordable products.
  • The order also cancels the duty-free exemption for goods from China valued at $800 or below, with new duty rates of 30 percent of their value or $25 per item, increasing to $75 per item from May 2 and $150 per item from June 1.
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