USTrade

De Minimis Tariff Loophole Set to Close: Major Changes for Online Retailers Like Temu and Shein

6 days ago

In a significant regulatory shift coming this May, the United States government is poised to close a de minimis tariff loophole that has been instrumental in propelling the growth of e-commerce platforms such as Temu and Shein. This new measure is likely to pose challenges for many online retailers that have capitalized on the current tariff exemption that allows the import of goods valued under $800 without incurring customs duties.

US Reevaluates China Trade Deal: Rising Tensions Between Xi and Trump

9 days ago

The ongoing tension between the United States and China is expected to escalate further as the U.S. prepares to review its commitments under the trade deal signed between former President Donald Trump and President Xi Jinping. This review comes at a crucial time as the two nations grapple with multiple challenges, including economic recovery post-pandemic and geopolitical conflicts in various regions.

South Korea and U.S. Engage in Crucial Trade Discussions in Washington

24 days ago

In a significant move to bolster economic ties, trade officials from South Korea and the United States convened in Washington on March 15, 2025, embarking on crucial dialogue aimed at addressing various trade concerns and enhancing bilateral cooperation.

China-US Trade Tensions Cast a Shadow Over Thriving Used Chip Equipment Market

2 months ago

The intensifying trade conflict between the United States and China is creating uncertainty in the burgeoning market for used semiconductor manufacturing equipment. As the two economic giants continue to grapple with tariffs and regulatory challenges, the implications are being felt across the industry, particularly among companies specializing in the sale and refurbishment of pre-owned chip fabrication gear.