Tomorrow, Trump's new tariff cuts to China go into effect
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Bargain site Temu is slowly adding back items that are directly shipped from China following the U.S.-China trade thaw. Temu halted shipping from China altogether in early May
The Trump administration is cracking down on ultra-cheap goods sold on Chinese e-commerce sites hugely popular among Americans, new scrutiny that is spreading across the globe. Why it matters: For the first time in more than 80 years,
The earlier 120% tariff rate on small packages from China valued under $800 will be lowered, the White House said Monday.
The shift in spending comes as Temu and Shein face a hefty tariff from the US, forcing them to hike prices and halt shipments of Chinese goods.
SEOUL: South Korea has fined Chinese e-commerce giant Temu nearly US$1 million for illegally transferring Korean users' personal information to China and other countries, a data protection watchdog said Thursday (May 15).
President Donald Trump’s tariff pause gives China-linked e-commerce sites such as Temu and Shein a temporary window of opportunity to restock U.S.-based warehouses and re-evaluate their supply chain management,
The American version of Temu abruptly began to show only “local” products days before the Trump administration was set to end a tariff loophole for small packages from China.
On May 2 Temu said all sales in the U.S. were now handled by locally based sellers. About 50% of air cargo shipments on the China to U.S. route were low-value e-commerce prior to the de minimis ...
The move comes after the U.S. government eliminated the use of the "de minimis" rule for Chinese goods amid Trump's tariff war.
WASHINGTON (AP) — Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped from China after the Trump administration reached a truce with Beijing over sky-high tariffs.
At the end of the day, the brunt of the tariffs will fall on US consumers, especially lower-income ones who rely on relatively inexpensive products from China. Now, Americans can expect longer wait times and higher prices, trade experts told CNN.
The United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies.