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Do you guys think Temu and Shein will price out most e-commerce players in the US except Amazon and Walmart?
Do you guys think Temu and Shein will price out most e-commerce players in the US except Amazon and Walmart? Temu and Shein are quite literally the dragons in the room. Together, they've been responsible for over 30% of shipments entering the U.S. from China under the de minimis exemption, paying zero in import duties while Gap paid $700 million in 2022.Not only are they pushing the boundaries of Section 321, but are also driving the cost of online cus...
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