Online shoppers get a reprieve as Trump cuts tax on low-value Shein and Temu orders to 54%

Quick Summary:

President Donald Trump said tariffs on low-value parcels from China and coming through the U.S.

Postal Service will be lowered to 54%, down from 120%.

Packages shipped by commercial carriers are subject to the general tariff, which also has been cut.

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Article Details

Author / Journalist: Didi Tang, The Associated Press

Category: EconomyBusiness

Markets: United StatesChina

Topics: Shein Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 09:33:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 118 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28707028

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 44 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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