President Trump signed an executive order this week to temporarily prevent low-cost packages from China from being slapped at his new tariffs.
The move delays the suspension of the “minimum” provisions, part of a customs policy that allows items under $800 to avoid import fees. Trump said on February 1st. order It imposed a 10% tariff on China and “minimum tax-free treatment… cannot be used.”
order He signed on Wednesday and then revised the original order on China to allow the commercial sector to install the system to “collect appropriate processing and collect customs revenue” of lost cost items. Treatment has been made available.
There is in the minimum regulations It is reportedly Used as a loophole to ship fentanyl and other chemicals, Trump's tariff focus on China has been on addressing the synthetic opioid supply chain. Trump's order this week is not expected to be a long-term change, a familiar source told The Hill, but it is a temporary solution to address the plot from China. Ta.
Earlier this month, Trump continued through a long-standing pledge to impose 10% tariffs on Chinese goods and target the country, just like Canada and Mexico. He delayed the 25% tariffs in Canada and Mexico after speaking to leaders from both countries.
The US postal service thought it would suspend “acceptance” of segments from China and Hong Kong “until further notice” following the tariffs. Then, in a notice on Wednesday, he resumed acceptance of these packages, and said he was working “closely” on Customs and Border Protection (CBP), and “implementing a new China's efficient collection mechanism for tariffs, We guarantee that you will minimize disruptions in package delivery.”
Meanwhile, Beijing struck the US with a fully retaliatory tariff, imposing a 15% tariff on liquefied natural gas and coal, and a 10% tariff on crude oil, pickup trucks, agricultural machinery and large vehicles.
