What you should know about Trump's latest changes to taxes on small packages from China

At the beginning of this month, President Trump closed a long -term gap to a flood of cost -effective Chinese goods without tariffs to the United States.

From May 2, these packages with a tariff of 120 percent or a flat fee of $ 100.

After the United States and China agreed to a temporary ceasefire in trade tensions this week, this tariff is now 54 percent. The changes that came into force on Wednesday were described in an executive order and guidelines of the White House by customs and border protection.

In the past ten years, a tax gap, which is known as the DE -Minimis exemption, enabled the goods worth up to 800 US dollars to the United States without import duties. The result was that millions of packages that were delivered from China to the USA were shipped in the United States because American buyers were held from buying everything from Flash drives to water bottles at low prices.

Chinese companies such as Shein and Temu built their shops in the gap and sent goods that were manufactured directly to American buyers in Chinese factories. At the same time, China urged its manufacturers to find buyers in overseas.

Last year, almost four million packages per day went into the United States without a customs inspection and without any obligations paid, with angered American company, which said that the gap made it difficult for them to take part in competitions.

Mr. Trump said that the gap had created a way for the chemicals that came to the production of fentanyl from China to the United States because these packages were checked to a limited extent.