Brands scramble to find a solution after Trump's tariff executive order targets a tax loophole used by companies like Shein and Temu
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
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.
Prices On Groceries, Cars, And Popular Products From Shein And Temu Could Also Spike Amid Trump’s Tariffs
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
This loophole let Temu and Shein become giants – Trump has just closed it
Donald Trump’s tariffs could stop Chinese fashion firms Shein and Temu from flooding the market with clothes and goods at low prices.
Trump’s tariffs could hurt Temu and Shein. Here’s which stocks stand to gain.
Amazon and Etsy could benefit from an end to the “de minimis’ exep that lets companies directly ship packages worth under $800 without paying duties.
Trump targets loophole Temu, Shein used to take on Amazon
Washington is taking aim at a loophole that retailers from PDD Holdings Inc.’s Temu to fashion-focused Shein have exploited for years to expand rapidly in
Trump’s China crackdown may end tax loophole for retailers like Shein, Temu
President Donald Trump over the weekend laid down a controversial, across-the-board tariff against China. One aspect of Trump’s ongoing crackdown on trade with China may have
'De Minimis Exception': How Trump's China Tariffs Will Hurt Temu and Shein
The tariffs are targeting a rule that allows Chinese retailers like Shein and Temu to avoid paying duties on packages worth $800 or less.
How Trump's tariffs closed the loophole used by Chinese retailers
President Donald Trump's tariffs on China, Canada and Mexico included provisions suspending the de minimis loophole for duty-free treatment of shipments under $800 from those countries.
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein.
After a 2020 ban, Shein has regained access to the world's biggest consumer market
Shein has entered an agreement with Mukesh Ambani's Reliance Industries to sell products under a new platform called Shein ...
Shein IPO faces judicial review challenge from Uyghur rights group
The group, Stop Uyghur Genocide, claims the retailer's supply chain in China includes cotton produced by Uyghur forced labor.
Shein app relaunches in India with Reliance partnership
Chinese fast-fashion platform Shein has relaunched in India through a partnership with local conglomerate Reliance's retail ...
Billionaire Ambani's Reliance brings Shein back to India after 2020 app ban
Reliance Retail has launched an app in India to sell fashionwear from China's Shein under a licensing deal, almost five years ...
Chinese fashion giant Shein re-enters India five years after ban
Shein's re-entry to the Indian market comes with strict terms, which include saving all data within the country.
Temu, Shein and Amazon to be held liable by the EU for the dangerous and illegal products they sell, report says
High number of "products that are unsafe, counterfeit or otherwise non-compliant leads to serious safety and health risks," ...
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Shein — youth's most loved fast-fashion brand returns to India
Shein, the global fast-fashion brand, has made its return to India with a dedicated mobile app, nearly five years after being ...