The recent US-China trade deal reportedly excludes e-commerce shipments from tariff exemptions, potentially impacting small businesses. Temu has halted shipments from China and is shifting focus to American warehouses.
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.
Prices for your favorite items from Shein and Temu have skyrocketed due to new tariffs imposed by President Trump. Discover how these changes impact your online shopping habits and wallet.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
