On February 8, US President Trump signed a new executive order on Friday that will temporarily continue to allow low-cost product packages from China to enter the United States duty-free until the Commerce Department "establishes an adequate system to fully and promptly process and collect tariff revenue." The latest executive order temporarily reverses some of the provisions of his decision on Saturday to impose tariffs on China. Trump signed an executive order on February 1, local time, imposing a 10% tariff on goods imported from China, when the executive order also eliminated the "minimum" tariff exemption for small packages worth less than $800 from China.
He Yongqian, spokesman of the Ministry of Commerce, said that cross-border e-commerce directly meets the individual needs of consumers, fast delivery, cost savings, has unique advantages, is an important trend in the development of international trade, the United States recently imposed 10% tariffs on Chinese products exported to the United States, and adjusted the small tax exemption policy, which will undoubtedly increase the cost of consumption of American consumers, reduce the shopping experience.
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