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Trump tariffs: Follow here for live updates on Wednesday What is 'de minimis' and what does it have to do with Temu and Shein? The de minimis exemption refers to Section 321 of the Tariff Act of ...
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald ...
Online giant Shein had grown big in large part thanks to the so-called “de minimis” rule, which allowed them to ship low cost goods to the U.S. free of all duties. That loophole will now close ...
Though the de minimis exemption is not being eliminated until May 2, Shein and Temu released notices on April 16 saying they would be performing "price adjustments” starting April 25.
Without de minimis, prices on those orders could rise much as 30 percent, costing consumers about $22 billion annually, Hufbauer said. A good chunk of that applies to Temu and Shein orders ...
Shoppers at online stores like Shein and Temu could see higher prices and slower shipping times when a trade loophole known as "de minimis" closes, which is set to happen in May. The de minimis ...
which retailers like Shein and Temu have historically taken advantage of by selling super cheap products to American consumers. Trump previously extended the de minimis loophole back in February ...
"Shein and Temu have built their empires on an unfair advantage," said Rep. Mike Gallagher (R-WI). "Ending the de minimis exemption is a win for American workers and for national security." ...
said companies like Temu and Shein are among the hardest hit. “Those are the major ones, because those are the ones that really took that de minimis loophole and exploited it,” Forman said.
April 16 (Reuters) - Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump's sweeping tariffs and crackdown on low-value imports ...