US EditionUS Cuts Tariffs on Small Parcels from Chinese Firms Like Shein and Temu to 54% from 120%
- The US has reduced tariffs on small parcels from China to 54% starting May 14, a significant drop from 120%, following a temporary trade truce between the US and China.
- Temu and Shein have benefited from this change, allowing them to better manage costs by shipping larger quantities to their local warehouses.
- Sun Yang, a seller on Temu, expressed relief, stating, "Returning to 30% means we have no pressure from price hikes in the foreseeable future."
- The de minimis exemption, which allowed duty-free shipments under $800, previously supported a surge in packages, with the number of de minimis packages exceeding 1.36 billion in 2024.
157 Articles
157 Articles
Chinese e-commerce sites, where products are purchased at a very low price, are found in France.
The drama between Temu and Shein is unfolding before our eyes, Hungarian customers are also affected - we'll tell you which of the two could become more expensive.
Shein and Temu shoppers get huge relief after rule get slashed in half
SHEIN and Temu shoppers are getting a huge relief as a little-known “de minimis” rule is getting slashed in half. The US is slashing the tariff on cheap goods from China “from 120 per cent to 54 per cent,” according to a brand new executive order signed by President Trump. Shein and Temu shoppers are getting a huge relief as a little-known ‘de minimis’ rule is getting slashed in half (stock image) It comes after the two countries struck a breakt…
Shein Lowers Prices to Lure Back US Shoppers After Tariff Cut
Shein Group Ltd. lowered US retail prices this week after the Trump administration temporarily cut duties on Chinese imports, as the online fashion retailer moves to win back consumers scared away by recent tariff-induced price hikes.
Antonio Ortiz-Mena, director general of AOM Advisors in Washington, D.C., and Mexico City, analyzed the drop in tariffs from the United States and China and the reaction of markets.
Coverage Details
Bias Distribution
- 61% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
