Shein and Temu – the tax loophole

  • Shipping goods with a value less than $800 in the US (150 EUR in Europe) is import duty free – something Chinese firms have been taking advantage of.
  • By some estimates these firms account for 30% of these de minimis shipments in the US. Most is by air freight.
  • This is all about to change in the EU. Will the US follow?
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