Trump signs order delaying tariffs on de minimis imports from China
US President Donald Trump signed an executive order on Friday delaying tariffs on lower-value packages from China that enjoy the exemptions until the US Commerce Department can confirm that procedures and systems are in place to process packages and collect tariff revenue.
Move gives Department of Commerce time to ensure systems are in place to fully process and collect tariff revenue.
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Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
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