Temu's Blazing Run Could Falter In 2024 With Changes To Tax Break
The Chinese retailer, with about $16 billion in goods sold in its first full year, faces bipartisan efforts to close a U.S. trade loophole that’s been key to its rise.
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The Chinese retailer, with about $16 billion in goods sold in its first full year, faces bipartisan efforts to close a U.S. trade loophole that’s been key to its rise.
A nearly century-old rule exempts many packages from foreign e-commerce companies like Shein and Temu from U.S. customs fees. American trade groups want it changed.
Industry experts say a federal jury ruling this week against the National Association of Realtors and large brokerages makes the current commission model likely to change.
A group of trade specialists broke down the upsides and downsides to bringing sourcing and production closer to home.