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Trump closes key trade loophole, impacting Shein, Temu orders Shein and Temu are two popular fast fashion brands that have attracted American shoppers looking to place large orders at heavily discounted costs and often with free shipping With the trade
Shein, Temu Sales Slide After Losing US Duty-Free Loophole Both Temu and Shein have shifted focus to non-US shoppers While the retailers slashed ad spending in the US, they’ve jacked up marketing budgets for the EU and UK by double-digit percentages
US shoppers ditching Shein, Temu as trade loophole closes (NewsNation) — Shein and Temu are seeing the number of active users on their sites in the U S decrease after President Donald Trump imposed tariffs on Chinese goods and closed a tax loophole that allowed the online retailers to avoid them
Temu and Shein face new life in US after end of import tax loophole Temu and Shein are among the fast-growing Chinese e-commerce sellers to be hit hard by the end of the de minimis tariff exemption That means no more cheap prices and, for Shein, potentially an end to its IPO plan, which has already lagged for more than a year
Why Chinas Temu and Shein are a big regulatory headache The US and EU want to clamp down on online Chinese retailers Shein and Temu They stand accused of exploiting a legal loophole to ship cheap products directly to overseas consumers from Asia