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2025-02-07 15:05:52
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ The Trump administration's move to stop low-cost imports ...



✍️ The Trump administration's move to stop low-cost imports entering the US tariff-free is expected to hit fast fashion retailer Shein harder than online dollar-store Temu, due to Temu's wider product range and changes to its shipping strategy.
👉 Temu's wider product range and changes to its shipping strategy make it less reliant on the de minimis rule
👉 Shein remains more reliant on air freight and has not made similar changes
👉 The de minimis rule exempted shipments worth less than $800 from import duties
👉 Temu has started shipping goods in bulk to overseas warehouses and increasing ocean-freighting
👉 Shein has opened centers in the US and started diversifying its supply chain

#CaseyHall #RuiMa #BasileRicard #Shanghai #London #China #US #Illinois #California #Seattle #Brazil #Turkey #HongKong #business

https://media.zenfs.com/en/reuters-finance.com/200cc8fdd9903460a68c022ad40fc349

https://finance.yahoo.com/news/analysis-trumps-minimis-cancellation-bad-081923535.html

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