Shein says move to close U.S. de minimis loophole won’t hurt competitive advantage

Sep 20, 2024

The Biden administration’s move to close a loophole that allows low-value shipments to enter the U.S. duty free won’t be a problem for Shein, Executive Chairman Donald Tang said in an interview. The conversation took place shortly after White House officials announced plans to crack down on a trade exemption for packages that fall under the $800 “de minimis” threshold. T

 

https://www.businessoffashion.com/news/retail/shein-de-minimis-donald-tang/