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Trump tariffs live updates: US slashes 'de minimis' tariff, China lifts Boeing ban amid trade war thaw
Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement
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Trump Lowers Tariffs for Temu, Shein Packages, But It's Still Probably More Than You Want to Pay
The Trump administration drops the tariff rate on packages from China valued at under $800 from 120% to 54%, but that's still pretty high for a Shein haul.
What Is the Effective Tariff Rate on China?
That is the U.S.’s effective tariff on China, with the deal announced after a weekend of negotiations, according to Evercore ISI. That figure includes levies in place be
US to cut 'de minimis' tariff on China shipments to 54% from 120%
A White House executive order said on Monday that the U.S. would cut the "de minimis" tariff on China shipments to 54% from 120%, with a minimum flat fee of $100 to remain starting from May 14.
JPMorgan lowers its recession odds as Trump strikes a temporary deal to drop tariffs on China
The bank said in a Tuesday note that in light of Trump’s China agreement, which lowered most tariffs on China to 30% from 145% for three months, the possibility of a recession t
U.S. Cuts ‘De Minimis’ Tariffs on China
The Trump administration cut tariffs on low-value parcels from China by more than half, shortly after Washington and Beijing agreed a trade truce. From Wednesday, shipments worth less than $800 from China will be charged 54%.
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