The online retailers have built their brands selling cheap goods. Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ...
Trump is ending a popular trade loophole for goods coming from China Retailers like Shein and Temu can no longer avoid tariffs on low-cost items Duty-free shipments to the US have skyrocketed in ...
FAST-FASHION giant Shein’s £50billion London listing is on shaky ground as investors assess the impact of hefty Trump tariffs. A month ago, boss Donald Tang finally confirmed the worst kept ...
(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 ...
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive ...
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.
Boylan will continue on in an advisory capacity. Boylan has been with Ballard Brands, the parent company of PJ’s Coffee of New Orleans and Wow American Eats, since 2009 when he joined the board ...
It’s a decision that could lead to higher costs for consumers who shop at bargain sites like Shein and Temu — both of which have relied on the exemption to sell ultra-low cost products and rapidily ...
Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ending an exemption that prevented tariffs on small-dollar shipments ...
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 ...