The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein's business model in the United States. And yet the e-commerce companies are likely to remain a dominant ...
On Friday, the de minimis rule — a policy that had exempted U.S. imports worth $800 from tariffs — officially closed for shipments from China, exposing Temu and Shein to high duties. But "don't count ...