Trump's de minimis cancellation is bad news for Temu, but worse for Shein
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider product range and moves to change its shipping strategy.
The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its ...
Chinese packages under $800 were exempt from tariffs due to the "de minimis" exemption, now ended under new U.S. rules that ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
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