In the Headlines
February 5, 2025
Trump's China Tariffs Are Shutting the Big Loophole That Make Shein and Temu So Cheap
Yahoo Finance
International Trade attorney Andrew McAllister was quoted in an article published by Yahoo Finance about the impact of President Donald Trump's new tariffs on Chinese goods, which shut down the de minimis exemption that has benefited Chinese discount retailers like Shein and Temu. This move marks the end of duty-free shipping for packages under $800, influencing the landscape for online shoppers and adding significant costs to Chinese imports. Mr. McAllister noted that the tariffs represent a significant shift in policy by applying uniform restrictions to all Chinese products and eliminating previous exemptions.
"[Trump's approach] is more across the board, saying if it's a product of China, it's no longer de minimis. It’s much more black and white," he said.
READ: Trump's China Tariffs Are Shutting the Big Loophole That Make Shein and Temu So Cheap
"[Trump's approach] is more across the board, saying if it's a product of China, it's no longer de minimis. It’s much more black and white," he said.
READ: Trump's China Tariffs Are Shutting the Big Loophole That Make Shein and Temu So Cheap