Boasting an enormous selection of ultra-cheap items at a time when inflation has shrunk household spending power almost everywhere, Shein and Temu have become a global phenomenon. Photo: MANAN ...
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.
SHANGHAI (Reuters) - 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 ...
Shein and Temu, online stores known for their ultra-cheap clothing, could get more expensive under new tariffs imposed on China by President Trump, according to CBS News. Trump’s executive order ...
The proposed rules did not take effect before Biden left office. China-founded Shein and Temu have gained global popularity by offering a quickly updated assortment of ultra-inexpensive clothes ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay taxes ...
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