China’s online retailers Shein, Temu in focus as US aims to plug trade “loophole” – ET Retail
Representative Image The Biden administration said on Friday it was moving to curb low-value shipments entering the U.S. duty-free under the $800 “de minimis” threshold that has been exploited by Chinese e-commerce firms such as Shein and PDD Holdings’ Temu. White House officials said they will propose a new rule to deny the exemption to…