In a move that is expected to impact air cargo shipments from China, President Trump has announced the closing of a loophole that allowed for low-value goods to enter the United States without tariffs. The loophole, known as the de minimis threshold, has been a point of contention between the US and China, with Trump citing concerns about unfair trade practices and the need to protect American manufacturers.
The decision to end the de minimis tariff loophole has raised questions about the impact it will have on consumers, who may see prices rise on goods imported from China. Additionally, experts are concerned about how this move will affect businesses that rely on affordable imports for their operations.
Air cargo from China is expected to drop significantly as a result of this policy change, with implications for global trade dynamics. The closure of this loophole is just the latest in a series of moves by the Trump administration to address trade imbalances with China, but its full impact remains to be seen.
Category: Politics
Published on: 2025-05-02 18:06:23
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