Trump ends 800 dollars a tariff gap used by Chinese e -commerce giants

President Donald Trump Today, a tariff loophole has closed that companies such as Chinese e-commerce giants Shin and Timo were used to sell cheap goods in the United States free from customs tariffs-which are likely to affect prices on American consumers.

Trump has canceled what is known as the “minimum” exemption, as it was not less than $ 800 from China and Hong Kong, as definitions or required to undergo strict customs checks. The vulnerability has also been criticized to allow the charms of the fentanels to enter the country.

The change comes into effect one month after Trump signed an executive order to end the gap that has been present since 1938. The goods are now facing up to 145 % of the tax rate or subject to fixed fees that are likely to be transferred to the consumer.

How did Trump’s tariff closed the gap used by Chinese retailers

Almost half (48 %) of minimal shipments such as Shin and Timo go to the poorest American postal symbols, while only 22 % reach the richest, according to research By UCLA and Yale Economists.

The executive matter said it was “a decisive step in the face of the ongoing health emergency offered by the illegal flow of artificial Afbinism to the United States.”

The White House said that many Chinese trucks hide illegal materials, including artificial opioids, in low value packages to exploit minimal exemption. The numbers of the Centers Control and Prevention (CDC) is amazing 107,543 An overdose of the drug Deaths in the United States during the year 2023.

Before closing the vulnerability, the Customs and Border Patrol (CBP) was treated for more than 4 million This is the minimum The White House said shipments in the United States every day. In the past fiscal year, CBP has arrested more than 21,000 pounds of fentanels on our borders, which is sufficient for fentanels to kill more than 4 billion people.

Pressure from Shin, Timo accelerate the closure of the retail sale

An investigation conducted by Reuters correspondents last year found that they were able to use a minimum loophole For import Chemical materials are the main sects of at least 3 million fentanel tablets due to the two trucks abroad who intentionally abuse packages as electronics.

The fast fashion giant Shane sought to reassure customers in a post on his US Instagram account on Thursday, saying: “Some products may be priced differently from before, but most of our groups are still affordable to everyone as they were always.” Shen sells the mostly manufactured clothes in China, and the United States is its largest market.

TEMU, the international arm of the Chinese electronic trade company, has appeared prominently in the products already in the US warehouse on its website, called “local”, and pop -up clients that will not be imported for local warehouse elements.

“All sales in the United States are now being dealt with by local sellers, with requests from within the country,” Timo said in a statement, adding that it is pricing to US agents “still unchanged.”

But the imported items before the change of May 2 will be implemented in the end. SHEIN and TEMU have cut digital advertising spending in the United States in the past weeks because they are ready for a change that is likely to reach their sales.

Shin and Timo have witnessed rapid growth in the American market through minimal shipments of fast fashion, games and other consumer goods for consumers who realize the cost. A report issued by the Congress Research Service (CRS) indicated that Shein and TEMU included about 17 % of the American opponent market as of November 2023.

rise Shin and Timo Contributed to the closure of the US retail stores, according to a report issued by Coresight Research. It was estimated that about 15,000 closures would happen in 2025 after there were 7323 closures in 2024 – the largest number of closures since 2020, when nearly 10,000 stores were stopped.

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Some experts believe that closing the vulnerability will help us to become more competitive manufacturers against electronic giants.

“The American textile industry was”.

Glass told the newspaper “Jala” New York Times. Its group had called for its cancellation.

Eric Rival and Reuters contributed to Fox Business.