Comment on Biden moves to crack down on Shein and Temu, slow shipments into US
MethodicalSpark@lemmy.world 2 months agoI’m an employee in the U.S., working for a large international shipping company with a yellow and red logo. We’ve been struggling to maintain profitability stateside since the COVID shipping boom ended. Shein and Temu are basically keeping the U.S. operation afloat making up a significant double digit percentage of our revenue currently.
We can’t compete domestically as our rates are sky high compared to brown and purple and we’ve become overly dependent on these Chinese retailers. I’d say this is a good signal to find a new gig.