Donald Trump’s crackdown on tariff-free access for small goods could threaten the business models of Chinese ecommerce groups Shein and Temu by raising their costs while benefiting Amazon, analysts said.
The US president imposed an additional 10 per cent tariff on Chinese imports over the weekend and said that the so-called de minimis rules exempting shipments under $800 from duties would no longer apply.
The US customs authority, on Monday, said its agents would now have to check and formally clear the contents of every mailed package from China. This could slow shipments and increase costs for companies whose US growth has been partly driven by efficient deliveries of cheap Chinese-produced goods.