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US mulls legislation that could increase Temu and Shein prices – South China Morning Post

US mulls legislation that could increase Temu and Shein prices – South China Morning Post

Trade war: Proposed US legislation puts China’s cross-border e-commerce sector in cross hairs, hitting Temu and SheinAs China’s cross-border e-commerce market grows, aided by the overseas success of budget e-commerce apps like Temu and Shein, some US government representatives are pushing for the removal of a valuable trade exemption for Chinese shippers, in a move that could potentially harm their price advantages.Bipartisan bills were introduced to the US Congress last week that sponsors say would target China’s e-commerce sector by revising a “loophole” that allows millions of low-value Chinese shipments to enter the country duty-free each day.The exception in question, known as… 

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