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Shein and Temu rapidly expanded in the U.S. using the de minimis provision to deliver ultra-cheap fast-fashion items from ...
Trump signed an executive order Wednesday to end the so-called “de minimis” exemption on merchandise from China and Hong Kong ...
Chinese fast-fashion giant Shein is facing turbulent times in South Africa. Recent regulatory changes have significantly ...
President Trump's removal of the popular tariff exemption for goods from China that has hugely benefited bargain sellers Shein and Temu could lead to steep price hikes on clothing and general ...
The online retailers have built their brands selling cheap goods. Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ...
(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order ...
The elimination of the loophole is expected to impact discount marketplaces like PDD‘s (PDD) Temu and Shein, which have ... ultimate source for real-time, market-moving breaking financial ...
This provision, applying to goods valued at $800 or less, has fuelled the rapid growth of Chinese e-commerce giants like Shein and Temu, simultaneously undercutting the American retail market.
The tax exemption, which applies to packages valued at $800 or less, has helped China-founded e-commerce companies like Shein and Temu to thrive while cutting into the U.S. retail market.
The loophole has allowed direct-to-consumer Chinese retailers Temu and Shein to sell goods in the American market at cheap ... month told analysts to expect “challenges” for its global ...