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 ...
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% ...
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.
U.S. President Donald Trump temporarily halted his administrations repeal of duty-free treatment for low-cost packages from ...
Chinese packages under $800 were exempt from tariffs due to the "de minimis" exemption, now ended under new U.S. rules that ...
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