Trump triples tariff that would affect Shein, Temu packages
- President Trump announced a 90% tax on imports valued up to $800, significantly increasing fees and impacting fast-fashion companies like Shein and Temu starting May 2.
- The new postal fee will rise from $25 to $75 per item, increasing further to $150 by June 1, affecting the pricing of products from China.
- Experts suggest that closing the de minimis loophole could result in higher prices and delays for items sold by Shein and Temu.
- Over half of U.S. Packages benefiting from de minimis exemptions come from China, according to Reuters.
54 Articles
54 Articles
Escalating trade war set to raise costs on Shein, Temu
Fast fashion could become more expensive for consumers as China-based retailers like Temu and Shien will no longer be able to ship goods to the U.S. cheaply due to the closing of a tariff loophole. Will this send shoppers to more sustainable fashion brands? NBC News’ Kathy Park reports.
President Trump Wallops China with Massive de minimis Tariff Increases - Mail Order Product Costs from China Will Skyrocket - The Last Refuge
Within the Executive Order modifying the April 2nd global reciprocal tariffs [SEE HERE] section #4, we note a massive increase in the duty fees for mailed products from China formerly shipped under ‘de minimis’ rules. REMINDER: The de minimis loophole comes from back in the 1930s. The idea back then was, say you went on […]
I have a shipment coming from Temu. Am I going to have to pay a giant fee?
Temu; Getty Images; Chelsea Jia Feng/BII placed an order at Temu just before "Liberation Day" tariffs were announced — as a last hurrah.Since then, there's been a lot of on-again, off-again tariff news.Will I get walloped with a $75 duty fee on my $8 order? Pray for me!The past few days with tariffs have been an emotional roller coaster. Not because I checked my 401(k), but because I placed an order from Temu last week — and its fate seems to be…
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