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Chinese shipments under $800 will face a 90% tariff, affecting companies like Shein and Temu. Trump is ending the 'de minimis ...
The fashion giant faces a double whammy of steep U.S. tariffs and an end to its duty-free shipping to America.
Trump tariffs: Follow here for live updates on Wednesday What is 'de minimis' and what does it have to do with Temu and Shein? The de minimis exemption refers to Section 321 of the Tariff Act of ...
The president issued a new executive order upping tariffs on small shipments that would have once qualified for duty-free ...
That’s thanks to US President Donald Trump signing an executive order on April 2 to close a tariff loophole for “de minimis” merchandise from China and Hong Kong. The phrase — which ...
Shoppers at online stores like Shein and Temu could see higher prices and slower shipping times when a trade loophole known as "de minimis" closes, which is set to happen in May. The de minimis ...
Trump signed an executive order ending the de minimis exemption for shippers. Under the de minimis exemption, items with a value totaling less than $800 were allowed to enter the country duty-free ...