A look at cost of goods after US ends ‘de minimis’ exemptions for China and Hong Kong shipments
Donald Trump
United States President Donald Trump’s administration ended US duty-free access for low-value shipments from China and Hong Kong on Friday (May 2), removing the "de minimis" exemptions used by major e-commerce firms like Temu, Shein and more. CNA’s Loke Wei Sue explains how the removal of this tariff loophole means such companies will have to pay duties of 120 per cent on goods sold to American customers or a flat US$100 fee per postal item, which will rise to US$200 on June 2. Subscribe to our
din zilele anterioare