SHEIN and Temu products could get more expensive soon
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The move will have a huge impact on Chinese online retailers like Shein and Temu, which are now expected to face steep duties for the first time, in a major blow to their businesses.
From ABC News
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China to American shoppers without paying tariffs.
From The New York Times
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If you frequently shop on Shein or Temu, be prepared to pay more after President Trump eliminated a trade loophole allowing the retailers to avoid import taxes on packages under $800. Starting May 2,