Trump puts an end to tax exemption for low-value Chinese imports
Source:
Euronews.com
1 il y a des mois
President Trump is ending the de minimis provision that allowed low-value parcels from China to enter the US tax-free, affecting companies like Shein and Temu. The change, effective May 2, will impose tariffs on packages valued at $800 or less, potentially raising costs and shipping times for consumers. The policy has been criticized for enabling cheap imports and illicit goods, while supporters argue its elimination could harm low-income consumers and small businesses. The Chinese government has supported cross-border e-commerce, which has surged in recent years. Article complet (Euronews.com)