US to Cut 'de Minimis' Tariff on China Shipments to 54% from 120%

TEHRAN (Tasnim) – The United States would cut the low value "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain, starting from May 14, modifying an earlier order imposed by Washington, a White House executive order said on Monday.
News ID: 30481660