The president briefly suspended the loophole in February before restoring the exemption in order to give the Commerce Department more time to develop a plan for how to collect the new revenues.
Chinese fast-fashion companies have utilized the 1930s-era trade rule in recent years to aggressively ramp up their exports of low-value items.
Cheap exports soared to $66 billion in 2023, up from $5.3 billion in 2018, according to a report released earlier this year by the Congressional Research Service.
[image: President Donald Trump holding up a chart and speaking during ‘Make America Wealthy Again’ trade announcement event in the White House Rose Garden]*5* <nypost.com/2025/04/08/us-news/trump-officially-raises-retaliatory-tariffs-against-china/>
The US will start collecting money from the new tariffs at 12:01 a.m. Wednesday. Getty Images
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Chinese fast-fashion companies have utilized the 1930s-era trade rule in recent years to aggressively ramp up their exports of low-value items.
Cheap exports soared to $66 billion in 2023, up from $5.3 billion in 2018, according to a report released earlier this year by the Congressional Research Service.
[image: President Donald Trump holding up a chart and speaking during ‘Make America Wealthy Again’ trade announcement event in the White House Rose Garden]*5* <nypost.com/2025/04/08/us-news/trump-officially-raises-retaliatory-tariffs-against-china/>
The US will start collecting money from the new tariffs at 12:01 a.m. Wednesday. Getty Images
GO HERE FOR MORE nypost.com/2025/04/08/us-news/trump-officially-raises-retaliatory-tariffs-against-china/ THE NEWS FROM THESE LINKS ARE DECIDED TO BE ACCUARATE OR NOT BY YOU NOT BY THE PROPHETIC NEWS SERVICE by MESSIAH’S BRANCH which is an independent NEWS & RESEARCH MINSITRY FUNDED only by your kind donations, ANY SIZE DONATION HELPS GREATLY, Please go here to donate! prophecyhour.com/donations/ WE ALSO HAVE A MISSION CHURCH FOUND HERE wichitahomeless.com/