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.
In France alone, Temu and Shein account for 22% of the packages delivered by La Poste in 2024. The gradual closing of the doors of the American market obliges Chinese companies to set up more
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 […]
Coverage Details
Bias Distribution
- 46% of the sources lean Left
To view factuality data please Upgrade to Premium