$BTC 🔥 China and the US simultaneously end tax exemptions on low-value goods

China ends the tax exemption on imported goods under 50 CNY (~$7)

The US also ends the "de minimis" policy (tax exemption for goods under $800/per shipment) with China and Hong Kong

At the same time, the US also imposes a 14% tax on goods from China/Hong Kong, regardless of value

A 125% tax on goods valued under $800 from China (or $100/per shipment), increasing to $200 starting June 2025 $BTC