News-News.Zip

News in English (USA) / 05.02.2025 / 15:00

Trump Tariffs Target De Minimis Loophole, Impacting Shein, Temu, and E-Commerce Costs

Recent trade regulations set forth by Trump aim to close the de minimis loophole that has allowed Chinese online retailers like Shein and Temu to offer low-cost goods to U.S. consumers. This change is expected to lead to price hikes for many items, raising concerns among fast-fashion enthusiasts and online shoppers. Analysts predict that the new tariffs could notably increase shipping costs and create challenges for e-commerce companies, potentially altering the landscape of online shopping in the U.S. While the exact implications remain uncertain, the ongoing trade crackdown has already impacted the stock values of companies such as Temu’s parent firm and Alibaba, as they brace for higher operational costs and possible customs delays. The closure of this long-standing loophole signifies a pivotal shift in U.S.-China trade relations, with implications reaching beyond retail to the broader transportation sector.
Reuters, The Guardian, The Wall Street Journal, The Washington Post, The New York Times, CNN, New York Magazine, Marketplace Pulse, Financial Times, "Investors Business Daily"