Updates with PVSB

Plans to end De Minimis tax exemption could slow Shein and Temu's growth

The 'de minimis' tax exemption has played a crucial role in helping Shein and Temu dominate the U.S. eCommerce market with their incredibly low prices, making them favorites among American consumers. But this might be about to change.

Peter V.S. Bond
October 2, 2024
Retail

The Biden administration has announced plans to end the exemption, which could dramatically alter the competitive landscape.In this episode, Peter V.S. Bond is here to explore what this policy shift could mean for the eCommerce world. You'll learn:

• How Shein and Temu have used the de minimis tax exemption to fuel their rapid growth.

• What the potential end of this exemption could mean for supply chains and tariffs.

• How American marketplaces like Amazon and Walmart stand to benefit from this shift.

Peter V.S. Bond
Strategic Partnership Acceleration Lead
Peter V.S. Bond
Strategic Partnership Acceleration Lead
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