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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.
How Trump’s tariffs could leave your Shein order stuck at customs
The Chinese fast-fashion giants will get slapped with a 10% tariff — but the end of a longtime trade loophole could hit them harder.
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.
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.
Trump’s crackdown on China could end tax loophole for retailers like Temu and Shein
"Temu and Shein are building empires around the de minimis loophole in our import rules – dodging import taxes and evading scrutiny on the millions of goods they sell to Americans."
'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.
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
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than $800.
Trump Tariffs Target Loophole Utilized By Temu, Shein. Why That Matters For Meta.
Analysts said Trump's plan to target a tariff exemption utilized by Temu and Shein could hit Meta's ad sales. Some AI startups are itching to finally go public; other tech startups that are just 'AI-adjacent' are hoping the tech can boost their share prices.
How Trump’s tariffs could help Amazon compete with Shein and Temu
Amazon.com Inc (NASDAQ: AMZN) is broadly expected to take a hit now that President Trump has announced a 10% tariff on all imports from China. The majority of items sold on Amazon come directly or indirectly from China – which makes this development a super negative for the e-commerce giant at least on the surface.
7h
on MSN
Temu, Shein, and Amazon to be held liable by the EU for the dangerous and illegal products they sell, report says
A high number of “products that are unsafe, counterfeit, or otherwise noncompliant leads to serious safety and health risks,” ...
16h
Shein IPO faces judicial review challenge from Uyghur rights group
Fast fashion retailer Shein's plans to list in London face a challenge from a group campaigning against forced labour in ...
11h
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 ...
44m
on MSN
Shein makes a comeback to India after five years of ban
The Indian government last year revealed that Reliance had entered an agreement with Shein under which Indian manufacturers ...
11h
EU to tighten checks on cheap products from sites like Temu and Shein
The European Union will increase customs checks on goods shipped directly by ecommerce retailers like Temu and Shein to EU ...
21h
on MSN
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.
22h
on MSN
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 ...
Republic Business on MSN
1d
Mukesh Ambani's Reliance Gets This Fashion Brand Back In India
Reliance Retail, headed by billionaire Mukesh Ambani, has brought back Chinese fashion giant Shein to India with the launch ...
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