Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.

A 55% tariff on Chinese imports means higher prices and fewer choices for shoppers. Learn how it may affect you.

Marketplace has been following Lei’s business since 2018, just before President Trump imposed tariffs in his first term. Not only did his business survive the extra levies, but Lei said the percentage of his sales to the U.S. went up from 50% in 2018 to 70% at the start of this year.

Temporarily reduced duties likely won't be enough to stop ongoing shifts among de minimis-reliant supply chains, experts said.

New tariffs are ... Both the US and China are finding new tools to use as bargaining chips within trade negotiations. Here's an example of just some of them: The de-escalation in trade tensions ...

Temu decided to shift its strategy after the White House ended the practice that allowed Chinese companies to ship low-value packages tariff-free.

If that does not change, Detroit Axle is “likely to be forced to close the doors of its Michigan facilities and lay off its employees by the end of June,” according to the lawsuit filed by Washington, D.C.-based Gibson, Dunn & Crutcher LLP.

The federal trade court decision striking down President Trump’s tariffs appears to also reinstate a popular trade provision used to bring low-cost goods from China into the U.S. duty-free, according to trade attorney Michael Lowell.

The US and China restarted trade talks in London on Monday, aiming to ease tensions over rare earths and tech after President Trump and China's leader, Xi Jinping, spoke last week. "The purpose of ...