US moves to curb ‘trade loophole’ over China worries …C0NTINUE READING HERE >>>
The US government is moving to reduce lower value imports entering the country duty-free, amid concerns that a trade exemption has been overused by platforms like Shein and Temu.
Photo: Stefani Reynolds / AFP/File
Source: AFP
The US government said Friday it will work to curb the “overuse and abuse” of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments.
Under a new regulatory effort, US officials will be seeking to…
>