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Trump lowers de minimis charge on China to 54 percent

( May 12, 2025, 23:33 GMT | Official Statement) -- MLex Summary: President Donald Trump signed an executive order lowering the charge on de minimis goods to 54 percent from 120 percent. Trump's executive order also formalizes an announcement he made to lower tariffs on Chinese goods to 34 percent for 90 days. The new rates take effect May 14.Executive order follows:...

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