Summary by Axios:
https://www.axios.com/2025/05/12/china-trade-deal-shein-temu-trump
Reading this, i think it means 54% tariff on sub 800$ parcels, and 30% if above $800.
In the EU, we pay VAT, essentially, so that's 19-25%. Maybe we pay a tad more, btw, EU is opaque, there may well be additional duties, then there's the question of what's actually declared, blablabla, and we're talking bike parts / aliexpress transactions, not chips, EVs and so on.
But for context, the difference is therefore let's say 22.5% in EU vs 54% in the US if <800. So, it's another 30% (which is a lot, but also, if you're buying bike bibs and cranksets, that wont put you on the street).
I think the de minimis threshold of 800 is what doesnt make sense in the 1st place, as it's a lot. In the EU it's 250, i think, which feels more reasonable if the argument is people buying bike cassettes & smoothie blenders.
If i understand right, up until now, you were paying nothing (no tariff, no VAT) on anything under 800? If so, how was that fair to 1. local businesses and 2. the state, as everything you buy locally gets taxed? Or is all this ON TOP of VAT?
the whole topic is such a shit sandwich, but there's got to be some kind of even playing field, just like dudes aren't supposed to box with chicks.