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.
The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its ...
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The initial change, implemented with just over 48 hours' notice, caused the USPS to temporarily stop accepting packages from ...
Chinese packages under $800 were exempt from tariffs due to the "de minimis" exemption, now ended under new U.S. rules that ...
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
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