 "consumer price index, e-Commerce")
India will have to figure out if President Donald Trump’s decision to end a system that allowed low-value imports from China and Hong Kong to enter the US duty free will affect its booming ecommerce with the US.
The White House, in a statement on Thursday (India) time, said, “Following the Secretary of Commerce’s notification that adequate systems are in place to collect tariff revenue, President Trump is ending duty-free de minimis treatment for covered goods from the People’s Republic of China and Hong Kong starting May 2, 2025 at 12:01 a.m. EDT.”
The de minimis system allowed products and
