The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis loophole.
Boasting an enormous selection of ultra-cheap items at a time when inflation has shrunk household spending power almost everywhere, Shein and Temu have become a global phenomenon.
Temu, Shein to be liable for sale of unsafe goods on their platforms Value of low-value items shipped into EU has rocketed BRUSSELS, Feb 5 (Reuters) - (This Feb. 5 story has been corrected by the ...
Shein and Temu, online stores known for their ultra-cheap clothing, could get more expensive under new tariffs imposed on China by President Trump, according to CBS News. Trump’s executive order ...
That includes Shein and Temu, who have employed wildly different strategies on logistics and infrastructure. Experts contend that, with the changes coming from by the Trump administration ...
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