Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
Along with blanket tariffs on goods from China, Canada, and Mexico, Donald Trump has proposed closing the de minimis exception claimed by ultracheap retailers with roots in China.
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.
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.
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
Washington is taking aim at a loophole that retailers from PDD Holdings Inc.’s Temu to fashion-focused Shein have exploited for years to expand rapidly in
'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 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.
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,” ...
Shein IPO faces judicial review challenge from Uyghur rights group
The group, Stop Uyghur Genocide, claims the retailer's supply chain in China includes cotton produced by Uyghur forced labor.
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 ...
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 ...
Business Times18m
Shein to face EU consumer law probe under e-commerce crackdown
THE Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe into its compliance with consumer laws over the sale of illegal ...
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.
Billionaire Ambani's Reliance brings Shein back to India after 2020 app ban
Reliance Retail has launched an app in India to sell fashionwear from China's Shein under a licensing deal, almost five years ...
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 ...