The tariff costs threaten the U.S. operations of companies like Shein and Temu.
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Originally Published:
No more cheap skirts: Trump ends tax exemption for low-value Chinese imports
Chinese exports of low-value packages soared to $66 billion in 2023, up from $5.3 billion in 2018, according to a February report by the Congressional Research Service. And the U.S. market has been a major destination.
