“Small packages from China are still subject to tariffs of 120%, a White House official confirmed Monday — a major blow for U.S. consumers seeking cheap goods from e-commerce retailers like Shein and Temu,” Axios reports.
“Trump previously ended a loophole that allowed low-value goods into the country tariff-free — and while high retaliatory tariffs on most other Chinese imports were eased, these levies appear to be the new normal.
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