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Temu, Trump and SHEIN
Trump's de minimis cancellation is bad news for Temu, but worse for Shein
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider product range and moves to change its shipping strategy.
Trump closed a China loophole. Shein and Temu were already prepared.
Shein and Temu shifted more of their orders to be fulfilled in the US ahead of de minimis changes.
Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
1h
on MSN
What Closing the De Minimis Tariff Loophole for US Imports from China Means
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...
1d
on MSN
Order from SHEIN or Temu? You could still be impacted after USPS' China package reversal
The US Postal Service halted packages from China and Hong Kong. It reversed the decision, but Temu and Shein shoppers could ...
3d
Brands scramble after Trump's tariffs target de minimis exemption, a tax loophole used by companies like Shein and Temu
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
1d
A tariff loophole is closing. Why that matters for Shein, Temu and other Chinese online retailers
A decision by President Trump to close a tariff loophole could change the landscape of online shopping, particularly for the ...
2d
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving ...
1d
on MSN
U.S. Postal Service reverses decision to stop accepting packages from China, after Trump ends ‘de minimis’ exemption used by Temu and Shein
Chinese packages under $800 were exempt from tariffs due to the "de minimis" exemption, now ended under new U.S. rules that ...
1d
Why China is blacklisting Calvin Klein and Tommy Hilfiger after Trump’s tariffs
It was part of a broad package of economic measures the Chinese government announced targeting the United States following President Donald Trump’s implementation of 10% tariffs on all Chinese imports ...
1d
on MSN
US Postal Service suspends inbound parcels from China, Hong Kong
By James Pomfret, Lisa Barrington and Casey Hall HONG KONG/SEOUL/SHANGHAI (Reuters) -The U.S. Postal Service said it would ...
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