SHEIN and Temu products could get more expensive soon
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President Donald Trump is ending a little-known but widely used exemption that has allowed as many as 4 million low-value parcels—most of them originating in China—to arrive in the U.S. every day tax...
From Fast Company
Beginning on May 2, packages containing goods from China worth less than $800 will be subject to either a tax of 30 percent of the value or a flat tax of $25 per package, which jumps to $50 on June 1...
From Inc
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1don MSN
An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive ...
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce ...
In its bankruptcy filing, it blames competition from its online-only competitors Shein and Temu, both with roots in China — sellers of ultra-fast fashion — for its demise. It’s not that ...
Sales for Shein and Temu slowed after President Donald Trump announced tariffs and de minimis changes. Shein's sales growth dropped significantly. The de minimis loophole remains open — for now.
Citing inflation, consumer weakness and competition from the likes of Temu and Shein, Forever 21’s operating business filed for Chapter 11 bankruptcy protection on Sunday and is winding down.
Shein and Temu offer a range of products and clothing at low prices. The companies face criticism over labor practices, environmental concerns, and business ethics such as intellectual property ...
Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive.