China's online retailers Shein, Temu in focus as US aims to plug trade 'loophole'

China's online retailers Shein, Temu in focus as US aims to plug trade 'loophole'

FILE PHOTO: Temu logo is seen in this illustration taken August 22, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

The Biden administration said on Friday it was moving to curb low-value shipments entering the U.S. duty-free under the $800 “de minimis” threshold that has been exploited by Chinese e-commerce firms such as Shein and PDD Holdings’ Temu.