The earlier 120% tariff rate on small packages from China valued under $800 will be lowered, the White House said Monday.

Chinese online retailers had previously relied on the "de minimis" loophole to ship low-value items to the US.

The U.S. has cut tariffs on small parcels arriving from mainland China and Hong Kong to 54% from 120%, the White House said late Monday. The reduction in the low-value 'de minimis' tariffs will boost Chinese companies such as Temu and Shein,

With his tariff 'deals,' President Trump leaves international trade relationships even more unsettled than before.

A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a "China-plus-one" strategy by global producers.

China trade deal will cut Trump’s “reciprocal tariff” on Chinese goods from 125% to 10%, while Beijing will also do the same.

The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.

The Trump administration’s tariff campaign has destabilized a common business model, perhaps for years to come.