Trump's de minimis cancellation is bad news for Temu, but worse for Shein
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider product range and moves to change its shipping strategy.
Your Shein and Temu hauls might get 30 percent more expensive ... 83 percent of total U.S. e-commerce imports used the loophole, known as de minimis, according to a government report.
President Trump pumped the brakes last week on a pledge to shut down an import tax exemption for cheap consumer goods from ...
The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis ...
A rule that allowed goods under a certain value to be imported duty free from China into the US is in jeopardy, with industry ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
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