E-commerce sellers importing goods from China are bracing for changes as the de minimis tariff loophole closes. This adjustment means that previously duty-free parcels will now be subject to customs duties, potentially causing chaos for sellers and affecting consumer prices. Customers of platforms like Temu and Shein are concerned about rising costs but feel they have limited alternatives. Analysts question whether these companies can sustain their business models amidst increasing trade tensions and new tariffs. The shift is expected to impact both buyers and sellers significantly.
— new from WSJ