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Europe plans to scrap de minimis loophole Though lower than the US limit, the EU's €150 ($170) exemption hasn't slowed Temu and Shein's explosive growth. In 2024, 4.6 billion low-value parcels ...
Theo Burman is a Newsweek Live News Reporter based in London, U.K. He writes about U.S. politics and international news, with a focus on infrastructure and technology. He has covered technological ...
Online platforms like Amazon, Shein, and Temu once made Guangzhou’s apparel makers global players. These services allowed thousands of Chinese factories to bypass traditional retail channels and ...
Now he makes about $100 a day delivering freshly sewn garments to Shein collection points near the airport. The factories in Guangzhou are not the automated ones churning out electric vehicles or ...
The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein's business model in the United States. And yet the e-commerce companies are likely to remain a dominant ...
Temu – and other Chinese e-commerce sites like Shein and AliExpress – had previously ... asking supplier factories to ship items in bulk to US warehouses. When those items run out, it's ...