Trump Ends Duty-Free Privileges for Low-Value Imports from China

In a decisive move to tighten trade regulations, former U.S. President Donald Trump signed an executive order effectively closing the “de minimis” loophole, which previously allowed low-value shipments from China and Hong Kong to enter the U.S. without duties. The order, which takes effect on May 2 at 12:01 a.m. Eastern Time, was announced during […]