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As Trump’s latest trade war and tariff policies roll out, low-cost Asian retailers Temu and Shein can find ways to succeed ...
But as of May 2, 2025, that advantage disappeared – at least for China and Hong Kong. That’s when the U.S. officially eliminated the exemption for low-priced imports from those places. Suddenly, cheap ...
Temu is expanding deeper into South Africa with the launch of a new local warehouse that will make deliveries faster for ...
So, using the 54% ad valorem duty as an example, the import tariff on your $20 dress would be $10.80 – costing you $30.80 in all. Of course, the May 12 modification comes with the usual disclaimer: It ...
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WRIC Richmond on MSNTrump ends tax loophole: What this means for consumers buying overseasThe Trump Administration has ended a long standing tax loophole, called the de minimis exemption, meaning shoppers looking to buy overseas could notice higher prices.
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