Back to today’s briefing

Story perspectives

Trump Slashes Tariff Exemption, Hits Chinese Imports Hard

5/15/2025

36 8

Summary

Story summary

President Trump eliminated a loophole that permitted tariff-free Chinese goods in the U.S.
Effective May 2, packages will incur a 54% tariff or a $100 fee.
The previous de minimis exemption allowed duty-free imports valued up to $800.
Companies such as Shein and Temu, dependent on low-cost imports, will be impacted.
This tariff change comes after a brief pause in U.S.-China trade disputes.

1 of 1

Story summary

President Trump eliminated a loophole that permitted tariff-free Chinese goods in the U.S.
Effective May 2, packages will incur a 54% tariff or a $100 fee.
The previous de minimis exemption allowed duty-free imports valued up to $800.
Companies such as Shein and Temu, dependent on low-cost imports, will be impacted.
This tariff change comes after a brief pause in U.S.-China trade disputes.