Trump considering revoking tariff exemptions for cheap shipments from China, Reuters reports

(Reuters) – The Trump administration is considering revoking tariff exemptions for low-value shipments from China, known as “de minimis,” as part of Wednesday’s tariff announcement, a source familiar with the plans said.

The de minimis rule allows goods valued under $800 to enter the U.S. without tariffs, a loophole that has benefited Chinese e-commerce giants like Shein and Temu. Revoking this exemption would align with broader efforts to counter China’s trade practices and strengthen U.S. manufacturing.

The tariff measures, set to be announced Wednesday, include a 25% tariff on automobile imports beginning April 3, with additional duties on auto parts expected to follow. The administration argues that these tariffs will help protect domestic industries and reduce reliance on foreign manufacturers.

https://finance.yahoo.com/news/trump-considering-revoking-tariff-exemptions-182336387.html