Hike in charges for small parcels from China

The United States will tax imports of items priced up to US$800 at the rate of 90% of their value. — Reuters

WASHINGTON: The escalating trade war between the United States and China saw President Donald Trump raise tariffs even further on small parcels that were until now exempt from taxes.

The United States will tax imports of items priced up to US$800 at the rate of 90% of their value, up from a previous plan to levy a 30% ad valorem tax, according to the amendment on reciprocal tariffs published by the White House yesterday.