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.
Ultra-cheap clothing from China could get more expensive under President Trump's new tariffs, and help Amazon edge out competition from overseas. An additional 10% tariff on all Chinese goods went ...
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption ...
The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its ...
The eventual cancellation of de minimis means the more than 1 billion small-value e-commerce packages arriving annually in ...
Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.
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Air Cargo Rates Set to Sink as De Minimis Gets the AxeElevated capacity could bring rates down lower than late 2023 figures if firms like Shein and Temu can't ship goods into the ...
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