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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.
19h
on MSN
Fast fashion from Shein, Temu could get more expensive and take longer to ship. Here's why.
Ultra-cheap clothing from China could get more expensive under President Trump's new tariffs, and help Amazon edge out ...
2d
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.
2d
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
Walmart on Tuesday said it is eliminating some roles and closing its office in North Carolina, as part of its move to ...
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 ...
devdiscourse
4h
Impact of De Minimis Loophole Closure on US Consumers
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
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