Biden, Shein and Temu
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
Critics say Shein and Temu are able to offer low prices because they evade import duties under the de minimis exemption — a loophole that could soon be closed.
Biden admin cracks down on Shein and Temu
The Biden administration is intensifying efforts to curb cheap imports from China, targeting e-commerce platforms like Shein and Temu that have taken advantage of the “de minimis” rule to bypass tariffs on low-value shipments.
Biden moves to crack down on Shein and Temu, slow shipments into US
In his announcement proposing to crack down on "unsafe, unfairly traded products," President Joe Biden accused China-founded e-commerce platforms selling cheap goods of abusing the "de minimis exemption" that makes shipments valued under $800 duty-free.
China's online retailers Shein, Temu in focus as US aims to plug trade "loophole"
The Biden administration said on Friday it was moving to curb low-value shipments entering the U.S. duty-free under the $800 "de minimis" threshold that has been exploited by Chinese e-commerce firms such as Shein and PDD Holdings' Temu.
Biden’s New Tariffs on Imports From China Aim to Make Shein, Temu Orders Costlier
Measures tightening customs waivers on low-value shipments of foreign goods going directly to U.S. consumers may undercut allegedly unfair cheaper pricing by Chinese e-commerce companies Shein and Temu.
Biden Administration Targets Trade Loophole Used By Shein and Temu to Keep Prices Low. What This Means for Consumers
The Biden administration's plans to restrict the de minimis trade law loophole could impact the prices of Shein and Temu products. This loophole allows items under $800 to bypass tariffs. Retail experts estimate that prices could rise by at least 20%,
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