President Trump's removal of the popular tariff exemption for goods from China that has hugely benefited bargain sellers ...
In anticipation of tariffs, I made a hasty last-minute panic buy at Temu. Donald Trump has said he'll close the loophole that lets Temu and Shein ship directly to customers without duties.
The announcement sent shares of PDD Holdings — the owner of Temu — plunging 6% in after-hours trade on Nasdaq. The stock closed 2.6% lower at $119.07 apiece on Wednesday. Shares of Alibaba ...
(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order ...
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive ...
E-commerce sites such as Temu, with its US operation based in Boston, sell low-cost items like pajamas and suitcases on its website. But Temu doesn’t take possession of the goods: rather it ...
This would mean that products from Chinese retailers Shein and Temu can no longer be cleared at customs using a simplified process with a 20% flat duty rate. This specific concession was ...
The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly expand in the US through the almost century-old de minimis rule.
By Eleanor Stanford The 2,000-year-old Torlonia collection of Roman sculptures, now at the Art Institute of Chicago, has the urgency of the greatest contemporary art. By Jason Farago Textile ...
Should every student be encouraged to pursue a four-year degree after high school? Teenagers weigh in. By The Learning Network The Trump administration has targeted at least nine foreign pro ...
This move could have a significant effect on global e-commerce platforms, including Shein and Temu. Customs concessions refer to special allowances or deviations from standard customs duties and ...
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