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Trump tariffs live updates: US cuts 'de minimis' tariff as China lifts Boeing ban
A White House executive order announced on Monday that the US will cut the "de minimis" tariff on China shipments to 54% from 120%, with a $100 flat fee starting May 14. This comes as the US and China agree to pause most tariffs for 90 days,
US to Cut 'De Minimis' Tariff on China Shipments to 54% From 120%
A White House executive order said on Monday that the U.S. would cut the "de minimis" tariff on China shipments to 54% from 120%, with a minimum flat fee of $100 to remain starting from May 14. (Reporting by Brenda Goh in Shanghai and Farah Master in Hong Kong;
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