Packages from the likes of low-cost Chinese retailers Temu and Shein are facing another tariff hike from President Trump. Why it matters: Imported shipments valued at less than $800 had enjoyed the "de minimis" exemption from added duties,

Trump closes door on cheap Chinese fashion loophole, now facing steep 90% duties or $75 per item - forcing retailers like Temu and Shein to pay up.

Cheap clothing and products from Shein, Temu and other Chinese online retailers could soon get more expensive. The White House is ending an exemption that prevented tariffs on sma