Trump's de minimis cancellation is bad news for Temu, but worse for Shein
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, thanks to Temu's wider product range and moves to change its shipping strategy.
Sourcing Journal on MSN3d
Trump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
The Canadian Press on MSN15h
What is the de minimis exemption? Why Canadian businesses fret over its fateCanadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald Trump is promising to apply in a few weeks.
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers ...
President Trump's executive order expanding tariffs could snag billions of dollars in cheap goods from retailers like Temu ...
Expect the cost to ship cargo via air freight to nosedive in 2025—while more available cargo capacity is freed up—amid the ...
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