
Articles
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1 week ago |
sourcingjournal.com | Kate Nishimura
The de minimis gravy train has come to a halt for China-based retailers and sellers. At 12:01am on Friday, the trade exception (which has allowed shipments worth $800 or less to enter the country duty-free) was eliminated for packages coming from China.
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2 weeks ago |
sourcingjournal.com | Kate Nishimura
A narrow vote late Wednesday dashed Congress’ hopes of reining in President Donald Trump’s universal and reciprocal tariff schemes, with a bipartisan bill struck down by a 49-49 margin. Senators Sheldon Whitehouse (D-R.I.) and Mitch McConnell (R-Ken.) were absent from the vote on S.J. Res. 49, which aimed to limit the president’s power to impose sweeping 10-percent to 50-percent duties on most U.S. trading partners.
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2 weeks ago |
yahoo.com | Kate Nishimura
A narrow vote late Wednesday dashed Congress’ hopes of reining in President Donald Trump’s universal and reciprocal tariff schemes, with a bipartisan bill struck down by a 49-49 margin. Senators Sheldon Whitehouse (D-R.I.) and Mitch McConnell (R-Ken.) were absent from the vote on S.J. Res. 49, which aimed to limit the president’s power to impose sweeping 10-percent to 50-percent duties on most U.S. trading partners.
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2 weeks ago |
sourcingjournal.com | Kate Nishimura
With just days to go before China’s access to the de minimis trade exception is cut off, the Trump administration has quietly changed its policy on how shipments will be processed for entry into the United States.
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2 weeks ago |
sourcingjournal.com | Kate Nishimura
Amid assertions that the seismic upheaval caused by its tariff policy will ultimately bolster a resurgence in American manufacturing, the Trump administration has indicated that it’s willing to leave some industries in the dust. “President Trump is interested in the jobs of the future, not the jobs of the past,” Treasury Secretary Scott Bessent said during a Tuesday press conference.
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