A major tax exemption used by online retail giants including Shein and Temu has been closed by US President Donald Trump. The "de minimis" tax rule allowed imports from China and Hong Kong that are ...

E-commerce giants Shein and Temu announced in early April that prices would be rising on both platforms in response to changing trade policy between the U.S. and China. In nearly identical notices ...

The online retailers previously built their brands selling cheap goods. Cheap clothing and products from Shein and other Chinese online retailers are among the products impacted by tariffs ...

Online giant Shein had grown big in large part thanks to the so-called “de minimis” rule, which allowed them to ship low cost goods to the U.S. free of all duties. That loophole will now close ...

“Cheap goods” sold on Temu and Shein aren’t as cheap as they were 24 hours ago. On Friday, the two companies raised prices on many goods in advance of new tariffs set to take effect next wee ...