The so-called de minimis exemption allowed Chinese and Hong Kong retailers to ship millions of packages worth $800 or less ...
Shein and Temu rapidly expanded in the U.S. using the de minimis provision to deliver ultra-cheap fast-fashion items from ...
The rule exempts packages worth less than $800. It's used by fast fashion giants Shein and Temu—and a lot of small American companies that drop-ship from overseas warehouses.
Trump signed an executive order Wednesday to end the so-called “de minimis” exemption on merchandise from China and Hong Kong. The rule allowed companies to avoid import taxes and certain customs ...
Chinese online retailers such as Temu and Shein had been taking advantage of a little-known tax exemption, known as the de ...
President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on ...
Trump is closing the de minimis loophole. Here's how this policy change will impact Chinese imports - and your wallet.
A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days ...
[Stay on top of transportation news: Get TTNews in your inbox.] Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off ...
(Reuters) - PDD Holdings, which operates the Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in the company's Chinese e-commerce business ...
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