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.
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
Sourcing Journal on MSN3d
Trump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
Matthew Cannon's college-age daughter forwarded him a request from delivery company DHL asking for duties and fees of $45.19 ...
The Canadian Press on MSN12h
What is the de minimis exemption? Why Canadian businesses fret over its fateCanadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald Trump is promising to apply in a few weeks.
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
Sourcing Journal on MSN12h
Will All Your Packages From China Now Have a $30 Surcharge?Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers ...
President Trump moved to close a loophole that has fuelled a boom in cheap goods being shipped from China to the U.S. WSJ’s ...
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