(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order ...

President Trump signed an executive order Wednesday closing a trade loophole on cheap goods from China that were previously exempt from tariffs. Trump, 78, argued that the so-called “de minimus ...

The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly expand in the US through the almost century-old de minimis rule.

Are you Temu-obsessed? Do you have a secret drawer – or even better, a secret wardrobe – full of Shein stuff? It's not out of the question that you do, since many people are avid Temu and Shein buyers ...

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