Iran News

US small parcels loophole set to close pushing up prices for Shein and Temu

Written by

admin

in

Peter Hoskins

Business reporter

Getty Images A package from Shein, which is sitting on top of a cardboard box. The package is made of white plastic with black printing. the Shein S logo is prominent in the middle of the the parcel.Getty Images

A duty-free loophole for low-value packages is about to be closed by President Donald Trump, pushing up prices for US customers of firms like Shein and Temu.

The Chinese online retail giants relied on the…

Continue Reading

More posts