US to slash tariff on small China parcels from 120% to 54%

https://www.theguardian.com/us-news/2025/may/13/us-cut-tariff-small-china-parcels-de-minimis-shein-temu

To be clear, if the value of your package is $100, you now only pay an additional $54 in Trumpariffs, before shipping and other taxes, instead of $120.

82 points · 9 comments · view on lemmy.world

9 Comments

solsangraal@lemmy.zip · 46 pts · 1y (1 reply)
[ removed ]
tburkhol@lemmy.world · 20 pts · 1y

It's the Black Friday price gouging model. Remember when gas prices went from $2 to $5 in...2008? Everyone was so excited when they came back down to $3 that no one noticed we had a permanent 50% price hike.

UrPartnerInCrime@sh.itjust.works · 17 pts · 1y

#Winning

barneypiccolo@lemm.ee · 13 pts · 1y

As predicted, the Tariff Pump & Dump continues. He announces tariffs, the stock market dips and rolls for a while, then he removes the tariffs, and the stock market leaps.

It's the ultimate insider trading scheme, in which the participants get to directly manipulate the market at will.

Flocklesscrow@lemm.ee · 4 pts · 1y

This is why one of the first things this administration did was to fire Lina Khan.

Market corruption all the way down.

Omegamanthethird@lemmy.world · 4 pts · 1y (1 reply)

So is the 30% on top of the old 20%, or is this a small parcel specific thing?

Corkyskog@sh.itjust.works · 1 pts · 1y

Seems to be small parcel specific

letsgo2themall@lemmy.world · 3 pts · 1y

are we great yet?

gargolito@lemm.ee · 2 pts · 1y

"slash" is a generous way to spell "forced to backed down like the weak worm you are."

homesweethomeMrL@lemmy.world · 1 pts · 1y

*jerk-off motions*

taxing the poor is beyond idiocy, which is why this is so perfect for the administration