
Samson Ellis
Global Business Editor at Bloomberg News
Global business editor @ Bloomberg. AKA 李晨楷。Views expressed here are my own.
Articles
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2 days ago |
bloomberg.com | Samson Ellis
The US and China agreed to cool trade tensions by lowering tariffs on each other’s products, but only temporarily. US levies of 145% on most Chinese imports will be reduced to 30% by May 14, while the 125% Chinese duties on US goods will drop to 10%, , according to a joint statement. “We are in agreement that neither side wants to decouple,” Treasury Secretary Scott Bessent said following weekend negotiations in Geneva.
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1 week ago |
news.bloomberglaw.com | Brendan Murray |Samson Ellis
A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines. That’s thanks to a decision by US President Donald Trump to close a tariff loophole for “de minimis” merchandise from mainland China and Hong Kong from May 2. The phrase — which loosely translates as “too small to matter” — refers to small packages that are shipped directly to consumers from abroad, usually bypassing warehouses and distribution hubs.
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1 week ago |
bloomberg.com | Brendan Murray |Samson Ellis
Logos for PDD Holdings Inc.’s Temu, top, and Shein on smartphones in Shanghai, China, on Feb. 3, 2025. (Bloomberg) -- A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines. That’s thanks to a decision by US President Donald Trump to close a tariff loophole for “de minimis” merchandise from mainland China and Hong Kong from May 2.
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2 weeks ago |
bloomberg.com | Brendan Murray |Samson Ellis
Logos for PDD Holdings Inc.’s Temu, top, and Shein on smartphones in Shanghai, China, on Feb. 3, 2025. (Bloomberg) -- A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines. That’s thanks to a decision by US President Donald Trump to close a tariff loophole for “de minimis” merchandise from mainland China and Hong Kong starting May 2.
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2 weeks ago |
news.bloomberglaw.com | Brendan Murray |Samson Ellis
A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines. That’s thanks to a decision by US President Donald Trump to close a tariff loophole for “de minimis” merchandise from mainland China and Hong Kong starting May 2. The phrase — which loosely translates as “too small to matter” — refers to small packages that are shipped directly to consumers from abroad, usually bypassing warehouses and distribution hubs.
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