<p>HONG KONG&nbsp;<meta charset="UTF-8" />—&nbsp;A White House executive order said on Monday (May 12) that the US would cut the "de minimis" tariff on China shipments to 54 per cent from 120 per cent, with a minimum flat fee of US$100 (S$130) to remain starting from May 14.</p>

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Parcels waiting to be processed are seen through a glass as a delivery worker's reflection appears on it in a post office, as Hong Kong Post stops certain US-bound shipments since April 27 due to new US tariff rules, in Hong Kong, China on May 2.

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Reuters

HONG KONG — A White House executive order said on Monday (May 12) that the US would cut the "de minimis" tariff on China shipments to 54 per cent from 120 per cent, with a minimum flat fee of US$100 (S$130) to remain starting from May 14. [[nid:717864]]


US to cut 'de minimis' tariff on China shipments to 54% from 120%