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Key trade loophole keeps cheap Chinese products flowing to US

The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products like $10 dresses to land in U.S. mailboxes tariff-free. This happens thanks to a "de minimis" rule exempting packages valued at $800 or less from tariffs as long as they're addressed and shipped to individuals. The exemption is open to all retailers but is most heavily used by Shein and PDD Holdings' Temu, and potentially by TikTok's new e-commerce business. ....

United States , Peter Pernot , Jason Smith , Erik Autor , Barlow Company , Footwear Association , Apex Logistics International , Holding Temu , Means Committee , Its Us Senate , Columbia Sportswear , Department Of Homeland Security , American Apparel , Global Head , Peter Pernot Day , Beijing Based Bytedance , Border Protection , Robert Silvers , Under Secretary , Homeland Security , Representative Jason Smith , House Ways , Katherine Masters , Anna Driver , De Minimis , Us Customs And Border Protection ,

SHANGHAI/PALO ALTO, U.S. Chinese online marketplace Temu is gaining ground fast in the U.S. with its eye-catching bargains, taking the fight to Ama ....

South Korea , United States , Inflation Weary ,

SHANGHAI/PALO ALTO, U.S. Chinese online marketplace Temu is gaining ground fast in the U.S. with its eye-catching bargains, taking the fight to Ama ....

United States , South Korea , Inflation Weary ,

Shein Claims Record Profit Results In First Half

In a memo issued to investors, Shein also said GMV growth in Brazil tripled to almost $100 million. ....

United States , Donald Tang , Footwear Association , American Apparel , Spain France , Its Brazilian , Hong Kong Based ,