The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis loophole.

Temu and Shein, the two biggest Chinese-owned ecommerce platforms that operate in the United States, have started raising prices and temporarily unlisting some products on their websites in ...

President Donald Trump’s crackdown on trade could effectively kill the current business models of Chinese companies Shein and Temu (PDD), delivering a huge boost to Amazon (AMZN) in the process.