US ends duty-free shipping loophole for low-cost goods from China

The US has eliminated the “de minimis” tariff exemption on Chinese goods worth less than $800, implementing new duties of 120-145%. The move targets e-commerce platforms like Shein and Temu, potentially raising consumer prices. This represents the latest development in escalating US-China trade tensions, with both nations imposing retaliatory tariffs on imports.READ FULL