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

from al Mayadeen English

The United States is set to reduce the de minimis tariff on China shipments from 120% to 54%, while retaining a $100 flat fee, according to a White House executive order issued Monday.

The updated policy will take effect at 12:01 a.m. (0401 GMT) on May 14, 2025.

This revision alters an earlier order by the Trump administration, which had planned to impose a flat $200 duty or a 120% tariff starting in June. The change affects shipments valued up to $800 sent via postal services, which previously benefited from minimal inspections and duty-free status...

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Trade wars erupt as Trump hits Canada, Mexico, China with steep tariffs

(Trump administration is continuing with Biden admin's plan to make the economy scream. In all likelihood so they can bring about... oh dare I say it?... the Great Reset and their digital currency agenda. Yep. The WEF is all about smaller government, deregulation and privatizations. All the stuff Trump and Musk are doing as fast as they can. And you thought it was over. Nope. Not by a longshot.)

from Reuters

U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new trade conflicts with the top three U.S. trading partners.

 

The tariff actions, which could upend nearly $2.2 trillion in two-way annual U.S. trade went live at 12:01 a.m. EST (0501 GMT), hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the U.S.

 

China responded immediately after the deadline, announcing additional tariffs of 10%-15% on certain U.S. imports from March 10 and a series of new export restrictions for designated U.S. entities.

 

Canada and Mexico, which have enjoyed a virtually tariff-free trading relationship with the U.S. for three decades, were poised to immediately retaliate against their longtime ally.

 

Canadian Prime Minister Justin Trudeau said Ottawa would respond with immediate 25% tariffs on C$30 billion ($20.7 billion) worth of U.S. imports, and another C$125 billion ($86.2 billion) if Trump's tariffs were still in place in 21 days. He said previously that Canada would target American beer, wine, bourbon, home appliances and Florida orange juice...

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US hikes tariffs on Chinese goods

(Less than a week after VP Harris ridiculed Donald Trump over his '100% trade tariffs on China' plan during their debate... the Biden administration, late on Friday to kill the story, announced a new 100% trade tariff on some Chinese goods coming into the country. You can't make this shit up.)

from RT

Washington has finalized tariff hikes on billions of dollars’ worth of Chinese imports, US trade representative Katherine Tai announced on Friday. The new levies will notably affect goods such as electric vehicles and semiconductors.

The tariff hikes were first announced by the White House in May of this year, but the administration of President Joe Biden said that it has since been working on finalizing the rates and setting the dates for the measures to take effect based on feedback from the American public.

According to the final document, which is dated September 12, the duties will rise to 100% on electric vehicles, 50% on solar cells, and 25% on electric vehicle batteries, steel, aluminum, face masks and some other products beginning September 27. A 50% tariff hike on semiconductors is set to take effect starting next year. The levies on a number of other products, such as non-electrical vehicle batteries, medical gloves, and permanent magnets, will be raised gradually over the next two years...

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