An Obscure Trade Provision May Be Driving U.S. Factory Closures
They blame a once-obscure trade provision, called de minimis, which has been thrust into the spotlight in recent months.
Shein and Temu got a taste of what it could be like once de minimis is gone for good
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad
PDD Holdings , which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on ...
Reuters5d
De minimis shipments from China to U.S. up 12% in January
Of 122 million de minimis shipments to the U.S., 89 million came from China Number of shipments to U.S. under the "de minimis" duty-free provision De minimis shipments from China to U.S. Total de ...
Sourcing Journal on MSN8d
Shein Chairman Says Company Isn't Sweating Tariffs, De Minimis Changes
According to the AFP, Donald Tang said Shein will work to provide a strong consumer experience while complying with new trade ...
Council on Foreign Relations1d
The Evolution of Global Trade in 2024
A rebound in U.S. consumer imports fueled global trade, while Chinese import growth diverged from China’s export growth. Importers imported more, exporters exported more, and imbalances expanded.
De minimis changes: Businesses, trade groups weigh in
Customs and Border Protection proposals to increase data requirements and limit the exemption's use drew a mixed response ...
The Ticker7d
NY Fed says that tariffs may have a worse impact than anticipated
The U.S. economy may be heading into another inflationary period as the Trump administration applies new tariffs to one of ...