THE us will cut the de minimis tariff for low-value shipments from China to as low as 30 per cent, Reuters reports.
The order published offers relief to major Chinese e-commerce players Shein and Temu and follows a weekend deal between Beijing and Washington to unwind for 90 days most tariffs imposed on each other's goods since early April.
While their joint statement following talks in Geneva did not mention the de minimis duties, the order signed by President Donald Trump said levies for those direct-to-consumer postal shipments will be reduced to 54 per cent from 120 per cent for items valued at up to US$800. An alternative flat fee of $100 per postal package remains in effect, but a planned June 1 increase to $200 was cancelled.
There are different rules for packages handled by commercial delivery firms such as United Parcel Service, FedEx and DHL, which shipped millions of Shein and Temu packages before Trump ended duty-free status for Chinese shipments valued under $800.
SeaNews Turkey
The order published offers relief to major Chinese e-commerce players Shein and Temu and follows a weekend deal between Beijing and Washington to unwind for 90 days most tariffs imposed on each other's goods since early April.
While their joint statement following talks in Geneva did not mention the de minimis duties, the order signed by President Donald Trump said levies for those direct-to-consumer postal shipments will be reduced to 54 per cent from 120 per cent for items valued at up to US$800. An alternative flat fee of $100 per postal package remains in effect, but a planned June 1 increase to $200 was cancelled.
There are different rules for packages handled by commercial delivery firms such as United Parcel Service, FedEx and DHL, which shipped millions of Shein and Temu packages before Trump ended duty-free status for Chinese shipments valued under $800.
SeaNews Turkey
