From theguardian.com
Why is Trump ending the ‘de minimis’ tariff loophole on low-value goods?
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Imports worth less than $800 will be subject to 120% levy meaning prices on Chinese exports will probably increase
#china #shein #usnews #tariffs #business #economics #worldnews #asiapacific #donaldtrump #trumptariffs
23h ago
From bbc.com
De minimis: US small parcels loophole set to close pushing up prices for Shein and Temu
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The de minimis exemption was key to the huge growth of sales seen by the Chinese online retailers.
#bbc #temu #shein #ngated #policy #changes #fashion #ycombinator #cheapclothes #usgovernment
on Fri, 12AM
From nytimes.com
How a U.S. Tax Loophole Supercharged China’s Exports
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E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.
#e #temu #china #shein #amazon #customs #jgshare #trumpdonaldj #factoriesandmanufacturing #internationaltradeandworldmarket
19h ago