Shein and Temu prices are set to get a lot higher
Biden Takes Aim at China’s Temu and Shein With Trade Crackdown
The Biden administration will restrict the use of a trade provision that lets China-founded e-commerce giants more easily ship to the U.S., a move that comes amid bipartisan pressure to close what critics regard as a loophole.
China's online retailers Shein, Temu in focus as US aims to plug trade "loophole"
The Biden administration said on Friday it was moving to curb low-value shipments entering the U.S. duty-free under the $800 "de minimis" threshold that has been exploited by Chinese e-commerce firms such as Shein and PDD Holdings' Temu.
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
The bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if the Biden administration curtails their use of a trade law loophole.
New Biden proposal targets Shein and Temu for 'abuse'
With only a few months left in his presidential term, U.S. President Joe Biden wants to cement his legacy by implementing and advancing his pro-consumer protection agenda. Biden's presidential tenure has prioritized protecting American shoppers by proposing and implementing consumer-benefiting rules and regulations.
Biden moves to crack down on Shein and Temu, slow shipments into US
The Biden administration has proposed rules that could make it more costly for Chinese e-commerce platforms like Shein and Temu to ship goods into the US. In his announcement proposing to crack down on "unsafe,
Biden and Harris take aim at Shein over loophole that lets it dodge tariffs on small parcels
Chinese retailers including Shein and Temu have exploded in popularity in the US and Europe over the last few years due to their ultra-cheap products.
Biden-Harris cracks down on Shein, Temu as retailers prepare for more tariffs with Trump
The Biden-Harris administration is cracking down on a popular loophole used by Chinese retailers while US companies prepare for the possibility of more tariffs after the 2024 election. On Friday, President Biden announced plans to crack down on the de minimis exemption,
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