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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.
Temu parent PDD’s stock falls as Biden administration goes after trade loophole
The Biden-Harris administration has announced it’s proposing to take regulatory actions to cut down on what it describes as “overuse and abuse” of a trade loophole, with senior administration officials saying they’re concerned about how e-commerce giants Temu and Shein have relied on the loophole.
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’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%,
17h
on MSN
Meta, Google face ad revenue risks as Temu growth momentum slows
'Common Sense' Department: Apparently, if you can afford a boat, you have no business in saying you're concerned about the ...
11d
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.
6d
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.
15h
on MSN
Meta and Google face potential ad revenue loss as Temu's growth stalls
CNBC’s Deirdre Bosa reports on potential trouble ahead for Meta and Google as Temu growth continues to slow. New arrival ...
4d
US can’t ban TikTok for security reasons while ignoring Temu, other apps, TikTok argues
Pincus argued that the US government was "for the first time in history" attempting to ban speech by a specific US ...
3d
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 ...
SC Media
2d
Temu refutes claim of extensive data compromise
While information in the stolen database, which has been peddled on BreachForums, was purported to include customers' full ...
7d
‘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 ...
Crooks and Liars
17h
Temu Nazi Mark Robinson Has A Perfectly Good Explanation, You Guys
Ahead of CNN's jaw-dropping story on Trump-endorsed N.C. gubernatorial candidate, Mark Robinson, he firmly denied the ...
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