From May 2 imports from China to the US for packages valued at $800 or less will no longer be duty free, the White House said in a statement. Instead, low-value packages sent from China to the US via the postal network would face a duty rate of either 30 per cent of their value or $25 per item, rising to $50 per item from June. https://www.thetimes.com/business-m...d-state-trump-tax-duty-fast-fashion-s7b96mmmn
that's funny - had some things saved on temu and the price has gone down lol. stupid daily drama post
had is the operative word. i bet us ecommerce sector will be dead, while temu/pdd and shien may not be that bad because their costs are still the lowest. who would buy stuffs on amazon?
That article fails to mention the beefed up US-based warehousing and distribution facilities implemented by those companies. Here's a little more in-depth article... https://www.cnbc.com/2025/04/03/de-minimis-trade-loophole-to-end-may-2-white-house-says.html What we(USA) should be concerned about is that China and others can easily takeover the top spot of a consumer-based economy based on populations alone. Thats the real retaliation. Fortunately it takes time, but its coming.
You idiots. When I warned you back in December this would happen, you laughed me out of the room. Just how bad will Trump tariff reignite inflation? https://www.elitetrader.com/et/threads/just-how-bad-will-trump-tariff-reignite-inflation.382339/
Everyone should stop buying shit anyways and live a minimalist life. A clearer calmer mind too and outlook life personality. Be a borderline Monk People are constantly buying shit and generating a lot of deliveries and trash and junk and dust MAMA make America minimalist again
Money is overrated. Money definitely doesn't equal happiness. Buy a cat and rub it. That's happiness. And a woman girlfriend too. You don't need a stupid gold Rolex or 2 million dollar residence or brand new 100K vehicle People need to truly understand life wisdoms and their own mind