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The U.S. tax loophole that made Shein and Temu rich is changing. What will happen to the brands now?

The U.S. tax loophole that made Shein and Temu rich is changing. What will happen to the brands now?

For years, Shein and Temu used a U.S. tax loophole to keep their costs low and send items to the country ultra-quickly.Not anymore.U.S. President Donald Trump signed an executive order on April 2 to end the de minimis exemption — a rule that allows small packages worth less than $800 US to enter the U.S. tax free […]

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