Shein and Temu are experiencing a competitive advantage following President Trump’s temporary pause on the de minimis exemption, allowing imports valued under $800 to remain duty-free. As many retailers importing from China are burdened with tariffs, this policy benefits Shein and Temu, allowing them to keep prices low. Experts note this is a unique opportunity for these companies, as they can continue to thrive without incurring additional costs while competitors must adjust to rising prices due to tariffs. The exemption may not last long, but it brings an opportunity for continued success in the interim.
"Everyone will be paying them except for Temu and Shein. (For now; we know de minimis is going away in the future,)" - Marketplace Pulse founder Juozas Kaziukėnas.
"Bizarrely, Temu and Shein never had it better." - Juozas Kaziukėnas commenting on their unique position among retailers.
Collection
[
|
...
]