Trump Closes China Tariff Loophole, Hitting Temu and Shein
Trump’s recent decision to close a loophole in China tariffs is sending ripples through the fast-fashion world, significantly impacting online retailers like Temu and Shein. The new tariff applies to international postal shipments valued under $800, imposing either a 30% levy on the item’s value or a minimum charge, whichever is higher. This means that smaller packages face a substantially increased cost.
Initially, the minimum tariff was set at $25, affecting packages up to roughly $83 in value. However, starting June 1st, 2025, this minimum charge doubles to $50, impacting packages valued up to approximately $167. For shipments exceeding these thresholds, the 30% tariff remains in effect.… Continue reading