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Biden moves to crack down on Shein and Temu, slow shipments into US (arstechnica.com)

submitted 3 months ago by MicroWave to c/news

10 comments fedilink hide all child comments

The Biden administration has proposed rules that could make it more costly for Chinese e-commerce platforms like Shein and Temu to ship goods into the US.

In his announcement proposing to crack down on "unsafe, unfairly traded products," President Joe Biden accused China-founded e-commerce platforms selling cheap goods of abusing the "de minimis exemption" that makes shipments valued under $800 duty-free.

Platforms taking advantage of the exemption can share less information on packages and dodge taxes. Biden warned that "over the last 10 years, the number of shipments entering the United States claiming the de minimis exemption has increased significantly, from approximately 140 million a year to over 1 billion a year." And the "majority of shipments entering the United States claiming the de minimis exemption originate from several China-founded e-commerce platforms," Biden said.

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[–] RangerJosie -2 points 3 months ago

American company becomes unaffordable.

Consumers seek out alternatives.

Smaller operations grow.

Govt must stop smaller competitors. Actively sabotages their business.

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