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.
Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
Hosted on MSN8h
Air Cargo Rates Set to Sink as De Minimis Gets the AxeElevated capacity could bring rates down lower than late 2023 figures if firms like Shein and Temu can't ship goods into the ...
President Trump’s tariff measures included a significant change to trade rules that could increase costs for many products ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback