April 3, 2025 10:01 AM

Trump signs order ending duty-free treatment for cheap shipments from China

U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as "de minimus" that has allowed low-value packages from China and Hong Kongto enter the United States free of duties. Trump signed the order, which takes effect at 12:01 a.m. Eastern Time May 2, in the Rose Garden of the White House after announcing sweeping new tariffs on global trading partners. The White House said the move, first reported by Reuters earlier on Wednesday, came after Commer...