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US had a de minimis (<$800) tariff exemption for goods originating from all countries, but that has now been removed for China and Hong Kong, so all goods from
by HarHarVeryFunny 2y ago
US had a de minimis (<$800) tariff exemption for goods originating from all countries, but that has now been removed for China and Hong Kong, so all goods from those countries, regardless of price, will now incur a US import tax (tariff) at whatever rate Trump is currently imposing (125% for China?).
Basically cheap cloths from Shein/Temu, cheap electronics on eBay, etc all just doubled in price.
- alabastervlog 2y agoOK, good, I've got some in-flight orders for things from the EU and Japan that'll be impractical or impossible to source if the US gets further cut-off, and every time I read one of these articles that doesn't make it crystal clear that this is (so far) only ending for China and Hong Kong, I get a little nervous that I'm about to get a painful bill.