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US Closes Duty-Free Loophole: How It Affects Shein and Temu Prices

US Closes Duty-Free Loophole: How It Affects Shein and Temu Prices

BUSINESS - 5/2/2025

In a major policy shift, the US is closing a duty-free loophole that allowed low-value packages from China to enter without taxes. This change, effective May 2, will push prices up for popular online retailers like Shein and Temu, impacting millions of American shoppers.

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