The US government's recent executive order will cut the de minimis tariff for low-value shipments from China down to 30%, following an agreement aimed at easing trade tensions between the two nations. Effective Wednesday, this marks a substantial reduction from the previous 145%. This change primarily benefits e-commerce platforms such as Shein and Temu, as it allows lower tariff rates on direct-to-consumer shipments valued at up to $800. The order complements a 90-day pause on reciprocal tariffs announced after US-China discussions in Geneva.
The executive order significantly eases tariffs on low-value shipments from China, reducing the de minimis tariff to 30% from 145%. This is a positive step to de-escalate trade tensions.
The new tariffs provide relief primarily for Chinese e-commerce giants like Shein and Temu, following a recent agreement to unwind several reciprocal tariffs for 90 days.
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