That’s thanks to US President Donald Trump signing an executive order on April 2 to close a tariff loophole for “de minimis” merchandise from China and Hong Kong. The phrase — which ...

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MANILA, Philippines — The head of a local retail trade association is calling for the repeal of de minimis provisions ... valued, for example, at P10,000 or less at current rates, without ...

This will come into force on May 2, when the de minimis exception closes in the US. Starting on May 2, products coming directly from China will be subject to duties of 90% of their stated value.