If you frequently shop on Shein or Temu, be prepared to pay more after President Trump eliminated a trade loophole allowing ...
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.
An executive order the president signed Wednesday will eliminate the “de minimis provision” for goods from China and Hong ...
BEIJING — Chinese e-commerce giant PDD Holdings announced on Thursday slower revenue growth for the third quarter running, as the Temu owner confronts trade tensions between Beijing and Washington.
[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 ...