Now, the "De-Minimis" tariff rate is 54%. This is what it means to e-commerce.

What does China's trade agreement mean for businesses

90 Days of the United States - What does Chinese tariff mean to companies 09:33

this "de minimis" rate tariff On low-value packages in China, the White House said on Monday that it will drop from 120% to 54% on low-value packages in China Arrival with Beijing On the weekend.

The so-called De Minimis package vulnerability has long allowed Chinese e-commerce companies to ship low-value goods to jobless positions in the United States.

In February, President Trump eliminated low-value exemptions by imposing a 120% tax or a fixed fee of $100 for parcels. When the waiver was cancelled on May 2, up to 145% tariffs apply to parcels in China, worth $800 or less.

From May 14, the low-value import rate from China will be cut to 54%. In addition, the U.S. will reduce the maximum tariff rate for Chinese imports from 145% to 30% within 90 days, including a 10% baseline tax and a fentanyl-specific 20% tax.

In an executive order on April 2, Mr. Trump alleged that Chinese shippers have been using loopholes to "hide illegal substances and cover up the real substances of goods sent to the United States through deceptive shipping practices."

"These shippers generally avoid testing due to the smallest exemption," the executive order said.

The end of De Minimis exemption disrupts the company's business model Shein and Temulet us consumers Unable to purchase Affordable fashion from popular e-commerce sites. Temu owns Stopped goods Items from China to the United States now rely on domestic sellers to fulfill orders from U.S. customers and avoid tariffs.

"Temu's pricing remains unchanged as the platform transitions to a local fulfillment model. All sales in the U.S. are now processed by local sellers and orders are fulfilled from within the country," the company said in a statement to CBS MoneyWatch last week.