Trump raises de minimis on China to 120 percent | MLex | Specialist news and analysis on legal risk and regulation
Here’s your 30-second podcast script: "Big changes are shaking up U.S.-China trade. Starting May 2, the U.S. will end the de minimis exemption for Chinese goods under 800 dollars, meaning more packages will face tariffs. Then on June 1, the minimum price for duty-free entry jumps to 200 dollars, and tariffs on some Chinese goods will spike to 120 percent. This shift, rooted in the International Emergency Economic Powers Act and the Trade Act of 1974, signals a strategic recalibration of U.S. trade policy. For global logistics, it means supply chain rerouting, pricing volatility, and a potential rise in nearshoring. Watch closely—this isn’t just policy, it’s a tectonic shift in global commerce."https://www.mlex.com/mlex/articles/2323926/trump-raises-de-minimis-on-china-to-120-percent
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