Trump order ends global tariff exemption for low-cost goods
Source: BBC
US President Donald Trump signed an executive order ending a global tariff exemption used by shoppers of low-cost goods.The order, signed on Wednesday, comes into force on 29 August and broadens earlier presidential action that specifically targeted cheap products from China and Hong Kong to now cover the rest of the world. The de minimis exemption had allowed goods valued at $800 or less to enter the US without…
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