What the U.S.-China Trade Deal Means for Online Shoppers
Entertainment
F requent Shein and Temu shoppers can breathe a small sigh of relief after President Donald Trump rolled back the most stringent policies on Chinese imports, with the new rules effective today. Trump announced on Monday a broad trade deal after weekend talks with Beijing that lowered import taxes on all Chinese goods from a prohibitive 145% to 30%. China, in turn, lowered its tariffs on U.S. imports from 125% to 10%. The reductions will hold for the next 90 days, while the world’s two largest
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