Temu, SHEIN and Trump
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A year ago, goods imported into the United States that were valued at less than $800 could be imported duty free, without being affected by tariffs.
From PCWorld
Trump has launched tariff wars with nearly all of the United States' trading partners.
From U.S. News & World Report
The Chinese Finance Ministry announced 84% tariffs on U.S. goods starting Thursday, up from the 34% previously announced.
From Austin American-Statesman
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The so-called âde minimisâ rule has long allowed items under $800 to be shipped free of tariffs and inspections to the U.S.
Chinese imports are being taxed at 104% and U.S. exports to China could face a 84% tariffs starting Thursday. The de minimus exemption is also ending.
The end of the de minimis trade exemption is lauded as a triumph against fast fashion. But which brands will really pay the price?
Trump is ending a popular trade loophole for goods coming from China Retailers like Shein and Temu can no longer avoid tariffs on low ... minimis loophole would be closed once a system to ...
Now that the loophole is closed ... or Shein. Hereâs what to know. Under previous standards, imports with values of less than $800 were granted âde minimisâ exemptions from tariffs.