Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Trump's pause on ending the de minimis exemption gives Chinese e-commerce giants Shein and Temu a temporary edge.
The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free, a move that helps low ...
While some argue that de minimis benefits foreign e-commerce platforms at the expense of U.S. companies, others contend that it provides opportunities for U.S. entrepreneurs and that market forces ...
The provision dates to 1930 and was originally ... While any company relying on manufacturing in China stands to benefit from de minimis, the two major beneficiaries are fashion giant Shein ...
Kim Glas, president and CEO of the National Council of Textile Organizations (NCTO), added that “If only China is denied these benefits ... de minimis on all fronts, eliminating the provision ...
Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
His tariff orders reversed a long-standing shipping loophole: the de minimis exemption ... But the Trump administration is getting rid of the provision that made these goods so cheap and easy ...
New York (CNN) — The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free ...