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Trump suspends de minimis exemption for low-value imports: What it means for shoppers
President Trump’s new executive order suspends the de minimis exemption for global low-value imports, a move that could raise prices for online shoppers and restrict package shipments from retailers like Shein and Temu.
"U.S. consumers may have fewer choices and goods will become persistently more expensive," one economist said.
President Trump signed an executive order ending de minimis trade loophole. The order will take effect Aug. 29. Here's what ...
Shein Group Ltd.’s net income rose to over $400 million and revenue was almost $10 billion in the first quarter as consumers ...
There's a good chance shoppers with online retailers Shein and Temu will have to pay more for products from these sites in ...
Shein likely benefited as consumers stocked up on products before the US removed its de minimis exemption for Chinese goods.
Shein isn't quite as cheap - Jakub Porzycki/NurPhoto via . Online retailers are being majorly affected by President Donald ...
Shein shoppers in the U.S. are facing steep price hikes after a key tariff exemption ended. The policy shift, part of Trump’s ...
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