News

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 ...
Without de minimis, prices on those orders could rise much as 30 percent, costing consumers about $22 billion annually, Hufbauer said. A good chunk of that applies to Temu and Shein orders ...
An executive order closed a tariff loophole that benefited Chinese fast fashion online retailers, much to my niece’s dismay.
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 ...
Shein and Temu, two popular Chinese e-commerce ... The two e-commerce sites have benefitted from a tax law loophole known as the "de minimis" exemption, which has allowed goods worth less than ...
Sales for Shein and Temu slowed after President Donald Trump announced tariffs and de minimis changes. Shein's sales growth dropped significantly. The de minimis loophole remains open — for now.
which retailers like Shein and Temu have historically taken advantage of by selling super cheap products to American consumers. Trump previously extended the de minimis loophole back in February ...
“Cheap goods” sold on Temu and Shein aren’t as cheap as they were ... That exemption, known as “de minimis,” is expiring on May 2, the result of an executive order President Donald ...
one of the highest de minimis rates in the world, to facilitate trade and cut down on enforcement costs. That exemption allows sites like Shein and Temu, and competitors such as Wish and ...