WASHINGTON/NEW YORK -- The U.S. will take steps to limit the scope of a "loophole" from tariffs levied on goods coming into the country, the White House announced Friday, in a move that targets hugely popular Chinese e-commerce platforms such as Shein and Temu.
Retail
China's Shein and Temu face end to tariff-free imports into U.S.
White House to propose rules to limit 'loophole' for small shipments
Shein and Temu account for over 30% of shipments qualifying for de minimis exemptions from tariffs, according to a congressional report. © Reuters
Read Next
Latest on Retail
