Biden cracks down on loophole that enables tariff-free imports by Temu, Shein

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3 thoughts on “Biden cracks down on loophole that enables tariff-free imports by Temu, Shein

    1. No, it’s against blanket tariffs that cover all things imported like Trump wants to do. Tariffs are a tool to be used surgically and strategically to guide consumer and market behaviors. It’s not a tax on other countries, as Trump likes to believe.

  1. The de minimus rule allows large Chinese companies to sell directly to the American market at the retail level on places like ebay and even amazon, bypassing any import taxes that an American retailers would pay by importing the stuff in bulk. The Chinese government also heavily subsidies these imports by making the international mailing rate ridiculously low. This is a good move by the US to make sure that these good reflect the true cost to ship and import.

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