Rapid growth of Temu and Shein threatens US businesses and consumers, Biden says.

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.

    • bbbbbbbbbbb@lemmy.world
      10·
      3 months ago

      Im curious about the circumstances that fooled you into using Temu? All I ever saw were AI ad readings with wildly price slashed items that screamed “scam” at me

      • DominusOfMegadeus@sh.itjust.works
        61·
        3 months ago

        Oh it screamed scam to me as well, but I was lured in but the promise of gorgeous looking products for stupidly low prices, so I thought it would be ok to test it out just once. Even after I received my first order and some things were clearly serving no purpose in the world other than filling the trash can, enough items were actually pretty good to warrant going back for more.