US cuts tariffs on small parcels from Chinese firms like Shein and Temu
Source: BBC
President Donald Trump has slashed the tariff on small parcels sent from mainland China and Hong Kong to the US, just hours after the world's two biggest economies said they would cut levies on each other's goods for 90 days.The new tariffs on small packages worth up to $800 (£606) have been cut from 120% to 54%, according to a White House statement.The flat fee per item will remain at $100 for shipments sent…
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