The order throws a wrench in the business models of China-based retailers like Shein and Temu, which were previously exempt from any tariffs and customs inspections thanks to the de minimis loophole.
SHANGHAI, Feb 6 (Reuters) - The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu ...
When Temu initially launched, some on Wall Street became bearish on Amazon's pulse in the e-commerce industry. While these concerns may have made sense on the surface, Amazon's performance has ...
The cloth covering was starting to peel away from the rubber. So I went to Temu — more on that in a minute. Mousepads are some of those things that — in theory — you should never buy ...
The de minimis exemption has fueled explosive growth in the U.S. among discount Chinese online retailers, including Temu and Shein, which are responsible for an estimated 30% of de minimis U.S ...
Bank of America estimated Temu and Shein exposure could be 2% to 4% of ad spend for Google and Meta. To get around the exemption’s disappearance, companies can expand their warehouses in the US ...
Shoppers awaiting packages from popular retailers like Shein and Temu can still expect their packages after the U.S. Postal Service reversed its quick pause on packages from China and Hong Kong ...
The Trump administration is weighing whether to add Temu and Shein to a forced labor list in a major blow to the Chinese fast-fashion giants, soon after President Trump imposed tariffs on China ...
Temu is touting more of its so-called “local” products after President Trump revoked a lucrative trade loophole that helped the Chinese fast-fashion firm avoid taxes and US customs. On ...
NEW YORK/LONDON, Feb 4 (Reuters) - Shein, Temu and Amazon Haul prices are likely to rise for American shoppers, analysts and industry experts said, after U.S. President Donald Trump this week shut ...
Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...