deMinimis

Trump Closes Import Tariff Loophole Targeting E-Commerce Giants Shein and Temu

11 hours ago

In a recent move that has significant implications for the burgeoning e-commerce sector, former President Donald Trump has officially ended a tariff loophole that has primarily benefited popular online retailers like Shein and Temu. This decision is part of a broader strategy to recalibrate trade policies that, according to Trump and his supporters, have undermined American manufacturing and created unfair advantages for foreign businesses.

Impending Closure of De Minimis Tariff Loophole May Impact Temu and Shein

2 days ago

In a significant development that could reshape the landscape of e-commerce, particularly for major players like Temu and Shein, the de minimis tariff loophole is set to close as of May 2, 2025. This change is poised to bring about considerable shifts in how online retailers engage in international trade, especially for goods imported into the United States.

Trump's Target on Tariff Exemptions and the Impact on Fast Fashion Giants

2 months ago

In a bold political maneuver, former President Donald Trump is shifting the focus of his economic strategy towards de minimis tariff exemptions, particularly as they pertain to cheap imports from countries like China. This policy tweak has significant implications for fast fashion retailers such as Shein and Temu, whose business models heavily rely on low-cost imports.