US Cuts Tariffs on Small Parcels from Chinese Firms Like Shein and Temu to 54% from 120%

Shein and Temu shoppers get huge relief after rule get slashed in half

SHEIN and Temu shoppers are getting a huge relief as a little-known “de minimis” rule is getting slashed in half. The US is slashing the tariff on cheap goods from China “from 120 per cent to 54 per cent,” according to a brand new executive order signed by President Trump. Shein and Temu shoppers are getting a huge relief as a little-known ‘de minimis’ rule is getting slashed in half (stock image) It comes after the two countries struck a breakt…

Tariffs Send Former Shein and Temu Shoppers To These Retailers

The 90-day tariff freeze could give Shein, Temu options on how to get back shoppers who now shop elsewhere for their fashion and footwear needs.

Shein Lowers Prices to Lure Back US Shoppers After Tariff Cut

Shein Group Ltd. lowered US retail prices this week after the Trump administration temporarily cut duties on Chinese imports, as the online fashion retailer moves to win back consumers scared away by recent tariff-induced price hikes.

Antonio Ortiz-Mena, director general of AOM Advisors in Washington, D.C., and Mexico City, analyzed the drop in tariffs from the United States and China and the reaction of markets.

By SILVINA ASPREA, CNN en Español Antonio Ortiz-Mena, managing director of AOM Advisors in Washington, D.C., and Mexico City, analyzed the tariff reductions by the United States and China and the market reaction. On CNN Primera Mañana, he stated that "the increase in taxes to unprecedented levels between the United States and China was quite surprising and caused the markets to collapse. The drop these days is also unpredictable, but I think it …

White House slashes 'de minimis' tariffs on China to 54%

The U.S. is slashing the "de minimis" tariff on cheap goods from China "from 120 percent to 54 percent," according to a new executive order signed by President Donald Trump. The development comes after the two countries struck a trade deal in which the U.S. will temporarily lower its tariffs on Chinese goods from 145% to 30%, while China will reduce its levies on American products from 125% to 10%. Trump previously eliminated what was known as t…