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That all but slams shut a loophole that PDD Holdings Inc.’s Temu and fashion-focused competitor Shein have employed for years to ship hundreds of millions of packages into the US annually ...

Shein is estimated to take in more than $30 billion in revenue annually, but it’s unclear what Temu’s sales are. Its parent company, PDD Holdings , saw $34.9 billion in revenue in fiscal 2023 ...

The Biden-Harris administration is cracking down on Chinese-owned fast fashion retailer Shein's and e-commerce platform Temu's use of the de minimis loophole to evade US taxes and tariffs.

or violate our laws," a senior Biden administration official said. "A big source of that volume is coming from Shein and Temu and we are very concerned about large foreign companies using the ...

"A big source of that volume is coming from Shein and Temu and we are very concerned about large foreign companies using the loophole at such scale and volume that we believe amounts to abuse ...

SHEIN is an affordable retail store that offers fashionable clothing and accessories at highly competitive rates. It is not a local brand but delivers globally, including in South Africa. How long ...

Temu, Shein, and other Chinese firms may face new challenges in the US market. Concerns include the import of fentanyl and synthetic drugs under the current exemption. Section 301 tariffs already ...

The Biden administration will restrict the use of a trade provision that lets China-founded e-commerce giants such as Temu and Shein more easily ship to the U.S., a move that comes amid a ...

The stories that matter on money and politics in the race for the White House The Biden administration is moving to close a trade loophole used by platforms like Temu, Shein and AliExpress to ...