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Trump’s crackdown on Chinese imports has now ended a key shipping exemption – and millions of Americans will soon feel the impact

Many Americans might not have felt major effects from President Donald Trump’s sweeping tariffs – until now. That’s because a major shipping loophole expired at one minute past midnight on Friday. The de minimis exemption, as it’s known, allowed shipments of goods worth under $800 to come into the US duty free, often more or …

The post Trump’s crackdown on Chinese imports has now ended a key shipping exemption – and millions of Americans will soon feel the impact appeared first on Egypt Independent.

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Trump suggests he would consider a tariff upward of 60 percent on all Chinese imports if reelected

CNN  —  Former President Donald Trump said Sunday he would consider imposing a tariff upward of 60 percent on all Chinese imports if he regains the presidency. His remarks come at a time of high economic and other tensions between the US and China. “No, I would say maybe it’s going to be more than that,” Trump said when asked …

The post Trump suggests he would consider a tariff upward of 60 percent on all Chinese imports if reelected appeared first on Egypt Independent.

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