US to cut 'de minimis' tariff on China shipments to 54% from 120%

Reuters

Mon, May 12, 2025, 10:15 PM

HONG KONG (Reuters) -A White House enforcement bid said connected Monday that the U.S. would chopped the "de minimis" tariff connected China shipments to 54% from 120%, with a minimum level interest of $100 to stay starting from May 14.

(Reporting by Brenda Goh successful Shanghai and Farah Master successful Hong Kong; Editing by Muralikumar Anantharaman)