U.S. President Trump’s retaliatory…

U.S. President Trump’s retaliatory tariffs of up to 104% against China are set to go into effect in roughly two hours, at 12:01am EST. Additional measures have also been put in place to prevent companies from circumventing the tariffs, including a 90% or $75 per package tax on all goods coming from China or Hong Kong beginning May 2, 2025 at 12:01am EST, which will then increase to $150 per package on June 1, 2025. These taxes will apply to any goods ordered from China that are transferred by a Chinese national carrier to the U.S. Postal Service, it does not apply to goods which are transported completely by private companies like FEDEX, UPS, or DHL.

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