Temu and Shein face U.S. crackdown as Biden administration cites abuse of trade loophole
The Biden-Harris administration has announced it’s proposing to take regulatory actions to cut down on what it describes as “overuse and abuse” of a trade loophole, with senior administration officials saying they’re concerned about how e-commerce giants Temu and Shein have relied on the loophole.
The Biden-Harris administration has announced it’s proposing to take regulatory actions to cut down on what it describes as “overuse and abuse” of a trade loophole, with senior administration officials saying they’re concerned about how e-commerce giants Temu and Shein have relied on the loophole.
