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Shein and Temu prices rise as Trump closes postage loophole
A duty-free loophole for low-value packages has been closed by President Donald Trump, pushing up prices for US customers of firms like Shein and Temu. The Chinese online retail giants relied on the so-called "de minimis" exemption to sell and ship low-value items directly to the US without having to pay duties or import taxes.
Chinese fast-fashion giant Shein hiked its prices for American customers by up to 377 percent in order to offset the costs of ...
Price increases at fast-fashion retailers could lessen demand, but companies are poised to adapt — possibly at a cost to the ...
The thing about trade, and the economics of trade, is that it is simultaneously desperately boring and desperately important.
In nearly identical statements, Shein and Temu said their operating expenses had gone up due to “recent changes in global trade rules and tariffs ... into the country. Trump scrapped the ...
In the midst of this trade war, President Donald J. Trump revoked ... consumers, as Shein and Temu do. That exemption will end May 2. “Due to recent changes in global trade rules and tariffs ...
Americans are now facing the expiration of a major shipping loophole, impacting the cost of goods from Chinese e-commerce ...
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