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"Shein and Temu prices to rise as US closes small parcel loophole"
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"The loophole, known as the 'de minimis' exemption, allowed retailers to ship packages worth less than $800 to US customers without paying duties or taxes. Trump claims it has been used to smuggle illegal goods, including drugs, and has damaged American businesses. The move is expected to increase prices for US customers and could lead to a surge in cheap goods from China flooding into the UK and EU."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqpmfdydwersthtmtfecskcjnjp70twt5dmeqd4ufh74lsrfpkct7sjkdh4h\nSHEIN AND TEMU PRICES TO RISE AS US CLOSES SMALL PARCEL LOOPHOLE\n\nhttps://ichef.bbci.co.uk/news/1024/branded_news/b752/live/b1b193d0-23f5-11f0-80b8-a98d7c7fd7fe.jpg\n--\n✍️ President Donald Trump is closing a duty-free loophole for low-value packages, which has been used by Chinese online retailers like Shein and Temu to sell goods to US customers without paying duties or import taxes.\n--\n👉 President Trump is closing a duty-free loophole for low-value packages\n👉 Chinese online retailers like Shein and Temu have benefited from the loophole\n👉 The loophole has been used to smuggle illegal goods, including drugs\n👉 Trump claims the loophole has damaged American businesses\n👉 Prices for US customers are expected to increase\n👉 UK and EU could see a surge in cheap goods from China\n\n--\n#PresidentDonaldTrump #JoeBiden #RachelReeves #US #China #HongKong #UK #EU #politics\n--\nnostr:nevent1qvzqqqqqqypzqrkj6g6aj8qhwhkknn3pd398yru7kuhgmhjqmtcn0atlqxjrdshaqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq3yps3kgg7y7clwry4cu7shmcrufmr6c0egvahdxg6vdpt6fxyatspn6a2k \n ",
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