Trump Cranks up the Heat: US Imposescrippling 90% Tariff on Chinese Parcels
Increased Customs Tariff on Imports from China Rises Threefold to 90% - Increased U.S. tariffs on Chinese imports reach 90%
Starting this Friday, the U.S. unleashes a concentrated blow on small packages from China, with a whopping 90% surcharge on imports. This significant tariff hike is the brainchild of President Donny T, who signed off on the executive decree back in early April. The brunt of this economic backlash mainly falls on online retailers like Temu and Shein, inundating the US with their goods.
Trump's Tough Talk with China
This new tariff is a game-changer, as shipments valued under $800 were previously duty-free. Since the oleaginous start of his second term over a century ago, Trump has stood firm against the Middle Kingdom. The jaw-dropping tariffs he's slapped on the land of the dragon now equal 145%. It's no surprise that China has fought fire with fire, matching these harsh tariffs.
- Donny T
- United States
- China
- Temu
- Tariffs
- The Commission has also been consulted on the draft budget regarding the impact of the United States' imposition of high tariffs on Chinese imports, such as the 90% tariff on small parcels.
- Despite the war-and-conflicts between the United States and China, online retailers from China, like Temu, continue to operate in the US, which will now face the hardline policy-and-legislation on tariffs.
- The early decree by President Donny T has led to a significant increase in tariffs on goods from China, which has an indirect effect on the general news about the ongoing politics and international trade.
- The escalating tariffs between the United States and China have become a notable item in general news, as the tariffs on Chinese imports, like those on Temu's parcels, have been raised substantially.
- China, in response to the United States' hardline tariff policy, has matched these tariffs, leading to a stalemate in the trade relations between the two nations, under the politically charged environment.
