#de-minimis-loophole

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fromBusiness Insider
4 days ago

Urban Outfitters says Trump closing the de minimis loophole won't hurt it - but it'll hit competitors like Shein

The retail giant's chief executives said the de minimis loophole, which until now allowed small parcels under $800 to enter the US duty-free, would hit competitors like Shein. Trump is set to close the de minimis exemption for goods coming from all countries on Friday. Francis Conforti, Urban Outfitters' operating chief, said the exemption had "really immaterial impact" on the company and that he was not worried that its absence would impact the business.
E-Commerce
fromEntrepreneur
3 months ago

How Will the China Tariff Trade Deal Affect Prices? | Entrepreneur

The U.S. and China agreed to temporarily reduce tariffs while continuing trade talks, indicating ongoing negotiations and a complex trade relationship.
US news
fromwww.theguardian.com
4 months ago

Why is Trump ending the de minimis' tariff loophole on low-value goods?

The US is closing the de minimis loophole, impacting low-value imports and fast fashion companies like Shein and Temu.
This change raises tariffs on parcels under $800, reflecting heightened trade tensions with China.
fromBusiness Insider
4 months ago

My Temu order safely arrived - with no extra tariff fees. But you might not be so lucky.

De minimis loophole closure affects e-commerce prices from China, including Temu and Shein.
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