#TrumpTariffs There is still a massive tariff from Trump on some of China's cheaper exports
New York
CNN
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Shoppers benefited a bit this week from a gigantic tariff on previously cheap, tax-free Chinese products. However, the tariffs that still persist could affect the buying habits of millions of Americans shopping on ultra-low-priced e-commerce platforms like Shein and Temu.
The Trump administration has reduced its tariff on "de minimis" packages, or shipments of goods valued at $800 or less, coming from China, from 120% to 54%, and has lowered it from 145% to 30% for packages from commercial carriers. The option of a flat fee of $100 will also not increase to $200 per mail shipment starting June 1, as previously planned, according to an executive order issued on Monday that takes effect after midnight Wednesday.
This change is emblematic of the state of the trade war between the United States and China. The relationship is improving, but there is still a long way to go to return to pre-January levels. On Wednesday, China reduced its overall tariffs on American products to 10% for 90 days, while U.S. tariffs on the vast majority of Chinese products were reduced to 30% during that period. U.S. tariffs are in addition to the levies that were already in place before U.S. President Donald Trump began his second term.