Shein and Temu see U.S. demand plunge on 'de minimis' trade loophole closure
- Posted on June 5, 2025
- By CNBC
- 5 Views
Shein and Temu see U.S. demand plunge on 'de minimis' trade loophole closure
Low-cost e-commerce giants Temu and Shein have slowed significantly in the U.S. amid tariffs and the closure of the de minimis loophole, new data shows.
