Trump's move to kill duty-free shipping from China will cost Canadian companies [Yahoo! Finance Canada]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance Canada
tariffs on low-value shipments from China and Hong Kong bound for the United States. In a Wednesday executive order, U.S. President Donald Trump declared that he was eliminating the “de minimis” trade provision for goods originating from China and Hong Kong starting on May 2. The trade rule, also called Section 321, allowed goods valued at US$800 and under to enter the U.S. duty-free, allowing bargain e-commerce sites such as China's Shein and Temu to rapidly expand in the U.S. in recent years. Approximately four million low-value shipments enter the U.S. daily. Trump initially cancelled the provision in February, but reversed his order the same month until the government could implement new systems to collect the revenue. The White House is now mulling the creation of an “External Revenue Service” to collect new tariff revenues. While Trump's order applies only to China- and Hong Kong-origin products, it will have ripple effects throughout the global e-commerce and shipping ind
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website