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U.S. Ends Tariff Waiver for Low-Value CN Parcels; Temu’s CN-Direct Shipments Virtually Vanish
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The U.S. tariff exemption for low-value Chinese parcels ended today (2nd) Eastern Time, the Wall Street Journal reported. According to Geekbi data, prices for some products on Pinduoduo (PDD.US)'s Temu platform and fast-fashion platform Shein soared 40-100%. Goods shipped directly from China on Temu have largely disappeared, with the platform now only displaying items marked as local or import-fee-free, report said. Meanwhile, Shein still offers China-shipped goods, but tariff impacts are no longer separately listed in prices. AAStocks Financial News |
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