Published on: 2025-07-16 02:58:33
The deal was hashed out by US and Chinese officials in Geneva over the weekend, and will see the US reducing duties on Chinese imports from 145 percent to 30 percent, and China lowering tariffs on US goods to 10 percent, down from 125 percent. This new agreement doesn’t change the removal of the de minimis exception on May 2nd, which closed the tariff loophole that allowed businesses like Temu and Shein to import low-value goods into the US without paying any duties at all.
Keywords: 30 chinese duties goods percent
Find related items on AmazonPublished on: 2025-09-05 22:20:22
Nick Fernandez / Android Authority TL;DR As trade tensions escalate, duties on products coming directly from China will be triple the initial rate. Goods will be taxed at 90% of their value or a minimum of $75, increasing to $150 on June 1. This will come into force on May 2, when the de minimis exception closes in the US. When it rains, it pours, and right now it’s pouring on fans of retro game emulation. Just last week, the Trump administration announced an end to the de minimis exception
Keywords: china coming directly duties minimum
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