Comment on Temu and Shein to hike prices

• Thekingoflorda@lemmy.world ⁨2⁩ ⁨days⁩ ago

  I believe they are referencing the de minimis tax rule that exempts items below $800 from import tax.

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  • wosat@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Trump did end the de minimis rule. The executive order was made April 2nd; the loophole closes May 2nd. cnbc.com/…/de-minimis-trade-loophole-to-end-may-2…

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• glimse@lemmy.world ⁨2⁩ ⁨days⁩ ago

  The other reply is correct, they get crazy cheap shipping rates by sending small things. Like every Temu package costs taxpayers money to subsidize it

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