politics @lemmy.world · 4 months ago

US to slash tariff on small China parcels from 120% to 54%

www.theguardian.com

US to slash tariff on small China parcels from 120% to 54%

www.theguardian.com

MuskyMelon@lemmy.world to

politics @lemmy.world · 4 months ago

Cut in low-value ‘de minimis’ tariff marks further de-escalation of trade war and will benefit Shein and Temu

To be clear, if the value of your package is $100, you now only pay an additional $54 in Trumpariffs, before shipping and other taxes, instead of $120.

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  It’s the Black Friday price gouging model. Remember when gas prices went from $2 to $5 in…2008? Everyone was so excited when they came back down to $3 that no one noticed we had a permanent 50% price hike.

politics @lemmy.world

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