House considers universal de minimis ban as fees on China parcels ease

News Snapshot:

The Trump administration this week rolled back the duty for small-dollar shipments from China and Hong Kong as part of tariff deescalation with China, while a House committee advanced legislation to permanently end the duty-free “de minimis” exemption from all countries. President Donald Trump’s executive order lowering new 145% tariffs on Chinese goods to 30% for 90 days represents a reprieve for popular Chinese shopping platforms and other e-tailers that ship parcels directly from the factory to individual shoppers. E-commerce orders and airfreight shipments plummeted after the U.S. government on May 2 rescinded duty-free treatment for low-value goods, subjecting them...