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Biden, Shein and Temu
Temu and Shein traders face tougher conditions amid plans to narrow loophole
A White House plan to narrow a trade loophole could mean painful times ahead for Chinese sellers on platforms such as Temu and Shein — and higher prices for U.S. consumers. CNBC's Eunice Yoon reports for NBC News from Shenzhen,
Biden moves to crack down on Shein and Temu, slow shipments into US
In his announcement proposing to crack down on "unsafe, unfairly traded products," President Joe Biden accused China-founded e-commerce platforms selling cheap goods of abusing the "de minimis exemption" that makes shipments valued under $800 duty-free.
Biden admin cracks down on Shein and Temu
The Biden administration is intensifying efforts to curb cheap imports from China, targeting e-commerce platforms like Shein and Temu that have taken advantage of the “de minimis” rule to bypass tariffs on low-value shipments.
Biden’s New Tariffs on Imports From China Aim to Make Shein, Temu Orders Costlier
Measures tightening customs waivers on low-value shipments of foreign goods going directly to U.S. consumers may undercut allegedly unfair cheaper pricing by Chinese e-commerce companies Shein and Temu.
Biden Administration Targets Trade Loophole Used By Shein and Temu to Keep Prices Low. What This Means for Consumers
The Biden administration's plans to restrict the de minimis trade law loophole could impact the prices of Shein and Temu products. This loophole allows items under $800 to bypass tariffs. Retail experts estimate that prices could rise by at least 20%,
3d
on MSN
Temu threatened by hacker claiming data breach that company denies
Related: New Biden proposal targets Shein and Temu for 'abuse' Data breach costs are at their highest ever, with a global ...
6d
Temu shopper horrified after trendy ‘croissant lamp’ turns out to be real pastry: ‘Look at the crumbs’
So I got this Temu lamp as a gift from my sisters, and I had it in my room, and I came home from work after the hot day and ...
4d
on MSN
Temu Sales of Cheap Knockoffs Are Soaring. The Threat to Brands Like Gucci and Hermès.
Online Chinese discounters like Temu now offer ultracheap items—“dupes”— that look remarkably similar to fancier goods, even ...
6d
‘Your Etsy finds are from Temu’: Woman says you could be getting ‘tricked’ if you shop on Etsy
The Daily Dot has previously reported on an Etsy shopper who bought a shirt off the platform. He found a SHEIN label in the ...
4h
TikTok Challenges U.S. Law, Calling Attention to Other Chinese Firms Like Temu and Shein
In a move to defend its operations in the United States, TikTok is contesting a law that could either force its sale or lead ...
5d
Temu denies breach after hacker claims theft of 87 million data records
Temu denies it was hacked or suffered a data breach after a threat actor claimed to be selling a stolen database containing ...
9d
‘Good but alarming’: Woman claims this vape from Temu reversed the cilantro soap gene in her sister. Here’s what we know so far
The cilantro soap gene is a little-known genetic variant that makes coriander leaves taste soapy to individuals. Can Temu ...
13d
TikToker discovers croissant lamp from Temu is an actual pastry covered in resin
A TikToker shares what happened when they discovered their Temu croissant lamp was made of an actual pastry covered in resin.
9d
on MSN
US Takes Action Against Temu, Shein and Other Chinese Companies
The Biden administration has cracked down on Chinese e-commerce platforms by trying to close a trade loophole.
10h
TikTok’s Defense Strategy Involves Throwing Shein and Temu Under the Bus
In an attempt to defend itself against a ban in the US, TikTok has pointed out that other Chinese companies could be ...
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