It has also diversified geographically — limiting the impact of tax loophole closures. The US accounts for less than half of Temu’s global GMV, compared with 100 per cent three years ago, when the app ...
Elevated capacity could bring rates down lower than late 2023 figures if firms like Shein and Temu can't ship goods into the ...
Freight forwarder DSV is not expecting US changes to de minimis rules to result in changes to the e-commerce market out of ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
His decision to revoke a “de minimis” rule for China, effectively closing a loophole that allowed small packages under $800 to enter the US duty-free, took effect just after midnight Tuesday ...
The closure of the de minimis loophole by the U.S. affects consumers buying low-cost items from China, disproportionately impacting lower-income and minority communities. Economists predict a $10.9 ...
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
The shutdown of the de minimis trade loophole by the Trump administration will lead to higher prices for American consumers ...
Temu is going “local” after the US President raised tariffs by 10% on all imports from China. President Trump removed the “de ...
Mr Trump’s new trade barriers will be a blow not only to American consumers, but also to the e-commerce companies that have ...
Now, direct-to-consumer packages worth less than $800 will be subjected to CBP’s “formal entry” process, meaning that they’ll ...
Prices will rise for Americans who buy $5 shirts, $10 lamps and $20 shoes on direct-from-China shopping sites like Shein and ...