Summary: The White House announced the end of the de minimis tariff exemption on May 2, which will impact discount marketplaces like Temu and Shein. The exemption, which allowed duty-free imports of packages worth up to $800 from China and Hong Kong, will be eliminated due to concerns about illegal or dangerous goods. Temu and Shein have begun diversifying their logistics chains in response.

Link: https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tariff-loophole-helped-temu-shein-will-close-may-2