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South Africa's closure of a tax loophole that benefited global discount e-commerce retailers Shein and Temu is starting to ...
The end of the de minimis exemption is undermining traffic to two of China’s most popular e-commerce platforms, industry data ...
The South African Revenue Services (Sars) believes new e-commerce regulations for international players like Temu and Shein ...
High US tariffs on Chinese-made goods didn’t halt the fast fashion industry. They just rerouted it, and the Australian market ...
Trump killed a trade loophole known as “de minimis” that Temu and Shein used to avoid paying import taxes and slapped them with a 120% tariff – though he effectively lowered that rate to 30% ...
The White House has slashed tariffs on cheap Chinese goods from shopping sites like Temu and Shein — to as low as 30%, below the 54% rate included ... % “reciprocal” tax on China, and ...
Chinese online retailers had previously relied on the "de minimis" loophole to ship low-value items to the US.
Dollar General reported a beat and raise in Q1, creating optimism in the company's turnaround. Find out why DG stock is a Buy ...
But on Monday, the Trump administration lowered the rate ... Minimis Tax Exemption. That loophole allowed shipments valued at under $800 to enter the country duty-free, helping Temu, Shein ...
clarifying that the tariff rate wasn’t reduced to 54%, but still maintaining the $100 fee option. That means many imports of low cost orders from the likes of Temu and Shein have still been ...
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