Temu parent PDD's stock tumbles as Trump tariffs close trade loophole
PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
Brands scramble to find a solution after Trump's tariff executive order targets a tax loophole used by companies like Shein and Temu
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
Prices On Groceries, Cars, And Popular Products From Shein And Temu Could Also Spike Amid Trump’s Tariffs
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
Trump targets loophole Temu, Shein used to take on Amazon
Washington is taking aim at a loophole that retailers from PDD Holdings Inc.’s Temu to fashion-focused Shein have exploited for years to expand rapidly in
This loophole let Temu and Shein become giants – Trump has just closed it
Donald Trump’s tariffs could stop Chinese fashion firms Shein and Temu from flooding the market with clothes and goods at low prices.
Tariffs Pressure Budget Retailers, Closed Duty Loophole Threatens Temu's Growth
Temu and the clothing e-retailer Shein keep their prices low by relying on a tariff loophole that waives duties on goods from China that are worth less than $800. President Trump's executive orders on tariffs closes that loophole, known as de minimis, which may pressure Temu and Shein to raise prices.
Trump’s new tariffs are throwing a wrench in Temu and Shein’s rapid rise – opening the door for Amazon
President Donald Trump’s new tariffs, set to take effect on Tuesday, Feb. 4, are throwing a wrench into the rapid rise of e-commerce giants like Temu (PDD) and Shein, while potentially giving Amazon (AMZN) a chance to reclaim its edge.
Trump Tariff Plan Targets Exemption Utilized By Temu, Shein. Why That Matters For Meta.
Analysts said Trump's plan to target a tariff exemption utilized by Temu and Shein could hit Meta's ad sales.
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein.
How Trump's tariffs closed the loophole used by Chinese retailers
President Donald Trump's tariffs on China, Canada and Mexico included provisions suspending the de minimis loophole for duty-free treatment of shipments under $800 from those countries.
Junk From Temu, SHEIN Will Probably Cost You More Under Trump’s New Tariffs
The tariff policy has received bipartisan backlash, with the likes of Rand Paul and Mitch McConnell coming out against the ...
EU Consumer Group Calls Out Safety of Temu Products
European consumer-advocacy group BEUC called out Chinese e-commerce company Temu for selling products it considers dangerous ...
E-commerce sites like Temu and Amazon are liable for faulty goods, according to EU plan
The European Union is planning to crack down on foreign goods shipped by e-commerce marketplaces like Shein, Temu, and even ...
EU to tighten checks on cheap products from sites like Temu and Shein
The European Union will increase customs checks on goods shipped directly by ecommerce retailers like Temu and Shein to EU ...
Temu, Shein and Amazon to be held liable by the EU for the dangerous and illegal products they sell, report says
High number of "products that are unsafe, counterfeit or otherwise non-compliant leads to serious safety and health risks," ...
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Beware these Temu tech fakes
South African Temu shoppers should tread carefully when they see products on the marketplace that appear to be from their ...