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

ReutersMay 13, 2025 8:15 AM

- A White House executive order said on Monday that the U.S. would cut the "de minimis" tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain starting from May 14.

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