A recent change in tariff regulations is causing concern among sellers who import goods from China. The loophole that allowed cheap parcels from China to enter the U.S. duty-free is closing, potentially leading to chaos in the market. Companies like Temu and Shein, which have relied on this loophole to offer competitive prices, are now facing challenges as they consider how to absorb or pass on the increased costs to consumers. This shift could significantly impact both buyers and sellers in the U.S. market.
— new from The New York Times