In anticipation of tariffs, I made a hasty last-minute panic buy at Temu. Donald Trump has said he'll close the loophole that lets Temu and Shein ship directly to customers without duties.
(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs ... Lawmakers on both sides of the aisle have pushed ...
The online retailers have built their brands selling cheap goods. Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ...
E-commerce sites such as Temu, with its US operation based in Boston, sell low-cost items like pajamas and suitcases on its website. But Temu doesn’t take possession of the goods: rather it ...
President Trump signed an executive order Wednesday closing a trade loophole on cheap goods from China that were previously exempt from tariffs. Trump, 78, argued that the so-called “de minimus ...
[HONG KONG] Aircraft lessor BOC Aviation will buy 120 Airbus and Boeing single-aisle jets, in its single-largest aircraft purchase, as it bolsters its expansion efforts. It will buy 70 Airbus A320Neo ...
This would mean that products from Chinese retailers Shein and Temu can no longer be cleared at customs using a simplified process with a 20% flat duty rate. This specific concession was ...
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive ...
The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly expand in the US through the almost century-old de minimis rule.