De minimis ends: Consumers to pay the price as Trump kills 'big scam' that helped China's Shein, Temu

  • Posted on May 2, 2025
  • By Business News Today
  • 1 Views
De minimis ends: Consumers to pay the price as Trump kills 'big scam' that helped China's Shein, Temu

De minimis US-China tariff: The US has ended the de minimis exception, imposing tariffs on small packages from China and Hong Kong, a move criticized by Trump as a "big scam." This decision is expected to raise prices for American consumers buying from platforms like Temu and Shein, and impact independent online sellers.
continue reading...

Author
Business News Today

You May Also Like