Both sites grew exponentially in the US in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than US$800 from import duties. A June 2023 report ...
Earlier this week, Trump's executive orders for tariffs on Chinese goods also ended "de minimis," which allows retailers like Shein, Temu and Amazon to send packages to the U.S. quickly and cheaply.
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...
Along with imposing new 10% tariffs on all Chinese imports as of Feb. 4, US President Donald Trump suspended his country’s special rules for “de minimis” merchandise from China and Hong Kong. The ...
The abrupt closure of the de minimis loophole by the U.S. government is set to raise prices for American consumers purchasing affordable items from direct-from-China shopping sites like Shein and Temu ...
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