President Donald Trump reversed part of his tariffs on China related to cheaper goods via executive order, but that reversal is not expected to last for long.
Last week, Trump issued an executive order that went into effect Tuesday, removing an exemption for products under $800 coming from China from having to face tariffs or additional information from customs. The sudden removal of the “de minimis” exemption to these products caused confusion and led to the Postal Service temporarily halting parcels from China and Hong Kong from being accepted.
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