Employee parcels and classification Express parcels were held on November 1, 2024 at an e-commerce company around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province, China.
VCG |Visual China Group |Getty Images
President Donald Trump Executive Order signed Friday This has caused him to suspend his closure of De Minimis trade exemption, a term commonly used by Chinese e-commerce companies Temu and Shein.
The order states that small parcels shipped from China will be restored to De Minimis,” however, after the Secretary of Commerce notifies the President, it will no longer be available for such articles in order to fully process the full system and collect tariffs The income of these items.
trump card Saturday As part of the new tariff, there will be exemptions from the suspension, which includes a 10% tax on Chinese goods. Many e-commerce companies have used nearly a century-old exception, called De Minimis, to send goods worth less than $800 to the U.S. tax-free, creating a competitive advantage.
it predicted, it is removed As the peaks of low-value goods that have entered the United States suddenly need formal processing, it may have overwhelmed U.S. Customs and Border Protection staff.
De Minimis helps promote the explosion of cheap goods shipped from China to the US CBP Already said It handled over 1.3 billion De Minimis cargoes in 2024. Report for 2023 The House Selection Committee from the Communist Party of China found that nearly half of all the smallest goods came from China.
