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Donald Trump, Temu and Amazon
Donald Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon
US ecommerce company Amazon had sought to counter the threat posed by cheap Chinese suppliers by launching the “Haul” brand offering products for less than $20 with shipping times between one and two weeks. Now it may be able to avoid a “race to the bottom”, analysts said.
How a little-noticed Trump trade move could hurt Amazon, Temu, Shein
President Donald Trump’s push to tariff goods from Canada, Mexico and China included a change to how online purchases will be taxed when they enter the U.S.
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.
1h
Trump Administration Considers Adding Shein, Temu to 'Forced Labor' List, Semafor Reports
The move comes after China imposed targeted tariffs on U.S. imports and put several companies, including Alphabet Inc's ...
4h
on MSN
Tariffs may make your Shein and Temu orders more expensive. Here’s why.
President Donald Trump has revoked a nearly century-old tax loophole that saved companies from paying tens of billions of ...
17m
Trump administration considers adding Shein, Temu to 'forced labour' list, Semafor reports
The Trump administration has not made a final decision, and could ultimately decide not to list either. Read more at straitstimes.com.
1d
Trump deals with fallout after imposing tariffs on Mexico, Canada and China
Follow the latest news on the tariffs and other Trump administration moves. Leaders for Canada, Mexico, and China, including ...
1h
USPS suspends package service from China as Trump’s tariffs kick in
The U.S. Postal Service’s decision may block or delay parcels from retailers including Shein and Temu from entering the ...
2d
on MSN
Trump tariffs, reforms target loophole used by Chinese online retailers
Under the de minimis exemption, products below that amount are able to enter the US without tariffs, boon for China's e-commerce retailers who ship often cheaper wares directly to consumers in the US ...
1d
Six things that could get more expensive for Americans under Trump tariffs
Trump says he wants to protect American industry, but many economists warn such tariffs could lead to prices rising for ...
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