tariffs - the only action by Mr. Trump not to be reversed
Posted: Sat Apr 05, 2025 12:25 am
I am not addressing whether the tariff right or wrong. My focus is on the one decision that will not be reversed.
There has existed some arrangement that items produced in China could be imported without tariffs. The number that I saw was in the billions. I have done it for years.
As of May 3, 2025, the United States will eliminate the de minimis exemption that previously allowed shipments valued at $800 or less from China to enter without tariffs. This change aims to address concerns over the surge of low-value imports from Chinese e-commerce platforms such as Shein and Temu, which have heavily utilized this exemption.
tariffmanagement.com+5WSJ+5Wikipedia+5
In addition to removing the de minimis exemption, the U.S. has imposed a 10% ad valorem tariff on most imports from China, effective February 4, 2025. This tariff applies to a wide range of goods, with few exceptions.
tariffmanagement.com
There has existed some arrangement that items produced in China could be imported without tariffs. The number that I saw was in the billions. I have done it for years.
As of May 3, 2025, the United States will eliminate the de minimis exemption that previously allowed shipments valued at $800 or less from China to enter without tariffs. This change aims to address concerns over the surge of low-value imports from Chinese e-commerce platforms such as Shein and Temu, which have heavily utilized this exemption.
tariffmanagement.com+5WSJ+5Wikipedia+5
In addition to removing the de minimis exemption, the U.S. has imposed a 10% ad valorem tariff on most imports from China, effective February 4, 2025. This tariff applies to a wide range of goods, with few exceptions.
tariffmanagement.com