President Donald Trump has eliminated a tax loophole used by China’s government to export cheap products to the US. It’s called the “de minimus provision,” and enabled small parcels valued at less than $800 to escape taxes. The loophole was often used by Chinese e-commerce giants Temu and Shein. Host Carolyn Beeler speaks with Rana Mitter, ST Lee Chair in US-Asia Relations at the Harvard Kennedy School, about how China’s reacting internally to the current economic clash with the US.
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