De minimis loophole closed: How Trump's tariff will target Chinese companies like Shein? 10-point explainer

De minimis: President Donald Trumps tariffs against China, Canada and Mexico target a trade provision that helped spur the rise of low-cost retailers like Temu and Shein. Lawmakers have argued that de minimis provision has helped Chinese e-commerce companies undercut competitors with lower prices. But now with Trump's move, it will hit Chinese companies and help protect businesses in the US.