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Trump, Temu and SHEIN
Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
Trump’s crackdown on China could end tax loophole for retailers like Temu and Shein
"Temu and Shein are building empires around the de minimis loophole in our import rules – dodging import taxes and evading scrutiny on the millions of goods they sell to Americans."
Junk From Temu, SHEIN Will Probably Cost You More Under Trump’s New Tariffs
One positive, perhaps, is that Temu and SHEIN will have a harder time supplying teenagers with disposable garbage from China, some of which is believed to be manufactured by forced labor. Trump’s executive order announced over the weekend imposes tariffs of 25% on goods shipped from Canada and Mexico,
9h
on MSN
Temu’s owner sheds billions in value over fears Trump’s trade crackdown will curb U.S. appetite for China-shipped goods
The elimination of the so-called de minimis trade rule could wreak havoc on Temu, Shein, and other direct-from-China ...
Intelligencer on MSN
2h
The Trade War Comes For Temu
Now, after a weekend executive order from President Trump, that condition is changing, too: President Donald Trump’s new ...
18h
EU to tighten checks on cheap products from sites like Temu and Shein
The European Union will increase customs checks on goods shipped directly by ecommerce retailers like Temu and Shein to EU ...
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