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.
The U.S. is discussing whether to add Chinese ecommerce retailers Shein and Temu to the Department of Homeland Security's ...
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher prices and delays for shipments.
Temu told Semafor that it prohibits forced labor and enforces a "Third-Party Code of Conduct" requiring compliance with all ...
The Trump administration has not made a final decision on the matter and could ultimately decide not to list either, the ...
Follow the latest news on the tariffs and other Trump administration moves. Leaders for Canada, Mexico, and China, including ...
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 ...
Trump says he wants to protect American industry, but many economists warn such tariffs could lead to prices rising for ...
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