Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]
De Minimis’: The Trade Perk Trump May End as China Tensions Rise, Explained
De Minimis’: The Trade Perk Trump May End as China Tensions Rise, Explained President Trump is currently contemplating significant changes to the US “de minimis” exemption on import tariffs. This exemption has been a point of contention, particularly due to its impact on trade imbalances and the exponential expansion of Chinese e-commerce platforms. The term […]