Your Shein and Temu hauls might get 30 percent more expensive, experts say. President Donald Trump has revoked a nearly century-old tax loophole that saved companies from paying tens of billions ...
The Chinese fast-fashion giants will get slapped with a 10% tariff — but the end of a longtime trade loophole could hit them ...
Now that Shein and Temu are on the hook for existing duties they once bypassed, plus the new 10% tariff imposed by Mr. Trump, and potentially taxes collected by customs authorities, those added ...
PDD Holding’s (PDD) e-commerce platform, Temu, and a privately held online retailer, Shein, have recently seen a major drop ...
Trump on Saturday suspended the exemption as part of new tariffs that include an additional 10% tax on Chinese goods. De minimis has helped propel Temu and Shein's explosive growth in the U.S. by ...
NEW YORK (CNN) — Americans love Shein, Temu and AliExpress for two reasons ... The relaxed restrictions and tax exemptions on ...
Through a loophole called the de minimis exemption, they can avoid the taxes and scrutiny of larger shipments. Chinese companies like online retailer Temu and Singapore-based Shein, which ship ...
Critics say some Chinese e-commerce companies have exploited loopholes in EU law - Nicolas Tucat/AFP The European Union will scrap a tax-free exemption ... such as Temu and Shein from flooding ...
Donald Trump's last trade war with China allowed Shein and Temu to become e-commerce giants during a cost-of-living crisis.
The Chinese companies Shein and Temu have become wildly popular for their dirt-cheap clothes and gadgets. Hidden behind the trendy bargains, however, rests an ugly truth: these companies are ...