Transportation
Trump Again Increases Small Parcel Tariff on China Shipments
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President Donald Trump’s escalating trade war with China once again increased tariffs applied to small parcels that were previously exempt from duties.
The US will tax imports of shipments priced up to $800 at the rate of 120% of their value starting May 2, up from a previous plan published to levy a 90% ad valorem tax, according a White House modification of Trump’s so-called reciprocal tariff issued Wednesday.