Trump’s Move Hits Hard, Temu and Shein Near Collapse, Double Blow from Exemption and Reshoring
Trump’s Move Hits Hard, Temu and Shein Near Collapse, Double Blow from Exemption and Reshoring
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Trump's "De Minimis" rule will expand to include goods from all countries starting August 29 this year, meaning Chinese suppliers can no longer bypass tariffs by shipping through third countries.
Now, workers in Shein’s Guangzhou facility are even more concerned about whether they will still be able to produce clothes for the U.S. market. With global geopolitical conflicts and China’s continued sluggish consumer spending, it’s becoming increasingly difficult for Chinese businesses to shift away from the U.S. market to other regions.
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