Enlarge (credit: NurPhoto / Contributor | NurPhoto) 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, 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. Platforms taking advantage of the exemption can share less information on packages and dodge taxes.

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BING NEWS:
  • 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 ...
    09/14/2024 - 2:31 am | View Link
  • Shein and Temu Face Price Hikes as Biden Administration Moves to Close Trade Loopholes
    The Biden administration has announced plans to tighten trade regulations that have allowed Chinese-linked online retailers Shein and Temu to dominate the U.S. market with rock-bottom prices.
    09/14/2024 - 1:40 am | View Link
  • Biden-Harris cracks down on Shein, Temu as retailers prepare for more tariffs with Trump
    On Friday, President Biden announced plans to crack down on the de minimis exemption, which allows items that are $800 or less to be imported into the US without tariffs. This has enabled ...
    09/13/2024 - 12:59 pm | View Link
  • 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 ...
    09/13/2024 - 10:08 am | View Link
  • 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 such as Temu and Shein to more easily ship to the U.S., a move that comes amid a ...
    09/13/2024 - 4:41 am | View Link
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