Overview
- The Biden administration has introduced new tariffs on electric vehicles, battery parts, medical gloves, and other goods from China, effective September 27.
- A key focus is on limiting the de minimis rule, which allows packages valued under $800 to enter the U.S. without tariffs, impacting companies like Shein and Temu.
- The administration's review supports maintaining Trump-era tariffs on $300 billion worth of Chinese goods, citing their effectiveness in reducing harmful trade practices.
- The new proposals include requiring more detailed shipment data and electronic Certificates of Compliance to enhance Customs and Border Protection enforcement.
- Industry groups are divided on the changes, with some praising the protection for American manufacturers and others warning of increased costs for consumers.