Tag: Chinese retailers
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Biden Administration Targets Chinese Retailers Shein and Temu to Curb Trade Loophole Abuse
What’s happening: The Biden-Harris administration announced a series of actions to curb the exploitation of the de minimis trade exemption, which allows shipments valued under $800 to enter the U.S. duty-free with minimal screening. The move targets foreign e-commerce giants, particularly China-founded platforms, using this loophole to flood the U.S. market with low-value goods. Why it…