U.S. Cuts Tariffs on Small China Parcels. It's a Boost for Temu and Shein

2 min ago U.S. Cuts Tariffs on Small China Parcels. It's a Boost for Temu and Shein. 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…