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Biden targets Shein, Temu with new rules to curb alleged ‘abuse’ of U.S. trade loophole

Biden targets Shein, Temu with new rules to curb alleged 'abuse' of U.S. trade loophole

U.S. President Joe Biden delivers remarks during a visit to the United Association Local 190 Training Center in Ann Arbor, Michigan, U.S., September 6, 2024. 

Craig Hudson | Reuters

The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” of a longstanding trade law that permits low-value shipments to enter the United States without paying import duties and processing fees.

The steps include a new…


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