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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 online retailers have built their brands selling cheap goods. Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ...
The rule allowed companies to avoid import taxes and certain customs paperwork on packages worth $800 or less. It’s a decision that could lead to higher costs for consumers who shop at bargain sites ...
Temu didn’t immediately respond to a request for comment. In the meantime, it’ll be hard for consumers to avoid Trump’s tariffs. On Thursday, the president announced a "reciprocal tariff ...
(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 ...
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 ...
The announcement will send shockwaves through the dropshipper community. Direct-to-consumer retailers, including Temu and Shein, have relied heavily upon the loophole to cement their lucrative ...
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 ...
Are you Temu-obsessed? Do you have a secret drawer – or even better, a secret wardrobe – full of Shein stuff? It's not out of the question that you do, since many people are avid Temu and Shein buyers ...
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 ...