US to cut 'de minimis' tariff on China shipments to 54% from 120%

"The United States would cut the low value de minimis tariff on China shipments to 54% from 120%, with a flat fee of $100 remaining."

"The de minimus exemption for items valued at up to $800 were previously able to enter the United States duty free and with minimal inspections."

The recent White House executive order alters the de minimis tariff on Chinese shipments from 120% to 54%, retaining a flat fee of $100. This decision follows an agreement between the U.S. and China to ease trade tensions. The de minimis rule, allowing tax-free entry of packages valued up to $800, faced scrutiny for enabling an influx of inexpensive goods into the U.S. The change is seen as a response to bipartisan concerns over tariff loopholes and illicit goods entering via e-commerce channels.

Read at New York Post