Trump Suspends Tariffs on Low-Value Chinese Imports

Reported about 8 hours ago

President Donald Trump has paused the imposition of tariffs on millions of small-value packages from China to allow federal agencies time to establish a system for processing these shipments, which previously entered the U.S. tax-free. This decision, part of a broader move to increase tariffs on Chinese goods, has encountered bipartisan support, yet may lead to higher prices and delivery delays as U.S. customs grapple with a substantial influx of packages affected by the removal of long-standing tariff exemptions.

Source: YAHOO

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