A separate congressional study concluded that Shein and Temu alone account for about one in three of those packages. The two bargain apps have lured tens of millions of American consumers with $4 T-shirts, $10 hair dryers and other products. Both companies said that they comply with trade laws and that their growth isn’t dependent on the de minimis policy. In July, a Shein executive wrote to fellow apparel makers saying it would support changing the de minimis policy, as long as the law applied equally to all retailers. Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!"

Source: Wall Street Journal October 26, 2023 19:10 UTC