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That strategy change came as the firms rushed to prepare for last Friday, when President Trump ended a popular trade loophole ...
The "de minimis" trade loophole that allowed cheap packages to come to the U.S. duty-free is closing. Ecommerce customers are ...
The Chinese government has leverage over the two firms. Although Temu has grown quickly, PDD, its parent company, remains ...
Learn how Long Island consumers and businesses are impacted by the end of the de minimis exemption, leading to higher costs ...
The provision previously allowed Chinese ecommerce giants like Temu, Shein, and AliExpress, as well as American companies like Amazon, to send goods valued at less than $800 to US customers ...
E-commerce giants Shein and Temu announced in early April that prices would be rising on both platforms beginning on that date in response to changing trade policy between the U.S. and China.
By Arriana McLymore NEW YORK (Reuters) -Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, ...
Temu and Shein have historically benefited from a provision called the “de minimis rule” that exempted goods worth $800 or less from being tariffed.