How Trump's tariffs closed the loophole used by Chinese retailers

Published On Feb 3, 2025, 12:10 PM

President Trump's executive orders impose tariffs which include a provision closing the 'de minimis' loophole that allowed Chinese retailers like Shein and Temu to ship goods valued under $800 into the U.S. without duties. This change aims to counter rapid growth of these retailers in the U.S. discount market, which has shown significant increases due to the loose regulations on low-cost imports. The action is not only focused on limiting sales from these e-commerce giants but also addresses concerns regarding drug trafficking and forced labor violations.