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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 ...
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 ...
“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 ...
Trump’s blanket 145 percent tariffs on Chinese imports are having wide impacts on almost every industry, whereas the change to de minimis specifically hurts platforms like Temu and Shein.
U.K. retailers and producers aren’t the only ones eager to see Reeves rethink de minimis. On Wednesday, the online fast-fashion giant Shein said it “welcomes the opportunity to work with policymakers ...
April 16 (Reuters) - Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump's sweeping tariffs and crackdown on low-value imports ...
Chinese online retail giants Shein and Temu have warned US customers that goods will get pricier from next week, after President Donald Trump imposed hefty tariffs on goods from China. In almost ...
GUANGZHOU -- Garment workshops are shuttering across a Guangzhou district dubbed "Shein Village," as the Trump administration's move to scrap a tax exemption for small international shipments ...
And the “de minimis” exemption, which allowed goods less than $800 to pour in duty-free to the United States, is expiring on May 2. On Friday, Temu and Shein raised their prices on a large ...
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