For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue. Politics
Shein and Temu goods might not be so cheap anymore. Starting today, the U.S. will start collecting import fees on small packages from China, much of which comes from Chinese e-commerce sites. Politics
De minimis: US small parcels loophole closes pushing up prices for Shein and Temu BBC Politics
De minimis: US small parcels loophole set to close pushing up prices for Shein and Temu BBC Politics
Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to […] Politics
Trump tariffs: Shein and Temu warn US import taxes will push up prices BBC Events
The so-called de minimis exemption allowed Chinese and Hong Kong retailers to ship millions of packages worth $800 or less directly to U.S. consumers. That loophole will close May 2. Politics