In 50 Words: US House committee warns Shein, Temu on tax benefits

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In 50 Words: US House committee warns Shein, Temu on tax benefits

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A US House committee report has cautioned retailers Shein and Temu to halt exporting goods to the US under the “de minimis provision” for tax benefits. The bipartisan group is planning a bill that targets ending a popular tariff exemption for ecommerce sellers from China shipping goods to the US.

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