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Temu, SHEIN and tariff loophole

Fortune on MSN · 4h

The tariff loophole that drove Shein and Temu to fast-fashion dominance is closing in a month

An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.

Bloomberg on MSN · 1d

Tariff Loophole That Helped Temu, Shein Will Close May 2

De minimis tariff exemptions, which currently allow packages worth as much as $800 from China and Hong Kong to enter the US duty free, will end on May 2, the White House said, a potential blow to discount marketplaces like Temu and Shein.

Barron's on MSN · 22h

Cheap Shein and Temu Finds Are History. This Import Loophole Is Now Closed.

The so-called ‘de minimis’ rule has long allowed items under $800 to be shipped free of tariffs and inspections to the U.S.

4hon MSN

Trump rule change could make Shein, Temu more expensive

Trump signed an executive order Wednesday to end the so-called “de minimis” exemption on merchandise from China and Hong Kong ...

1don MSN

Trump imposes new tariffs on cheap Chinese goods sold by companies like Temu and Shein

Trump, 78, argued that the so-called de minimus exception allowed shippers from the People’s Republic and Hong Kong to “hide ...

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