
US slashes ‘de minimis’ tariff on small China parcels to 54%
(Reuters) HONG KONG/SHANGHAI May 13- The United States will cut the “de minimis” tariff for low-value items imported from China, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world’s two largest economies. The tariff relief, which affects big Chinese e-commerce players including Shein and Temu, follows […]








