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Trump, Temu and SHEIN
Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
This loophole let Temu and Shein become giants – Trump has just closed it
Donald Trump’s tariffs could stop Chinese fashion firms Shein and Temu from flooding the market with clothes and goods at low prices.
Trump targets loophole Temu, Shein used to take on Amazon
Trump’s new trade levies against China, Canada and Mexico include a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than $800.
3h
on MSN
Why China has not retaliated more in Donald Trump trade spat
Sky's Ian King writes there are reasons why China has been spared harsher tariffs by the White House as the Trump ...
Marketplace
21h
What Donald Trump’s tariffs will mean for the economy
Prices could rise for certain goods — including gas, cars and groceries — and the economy could tip into recession.
19h
Playbook PM: Trump tables Mexico tariffs as Canada takes cover
Mexico staved off President Donald Trump’s tariffs for now, while Canada continues to fight back ahead of their midnight ...
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