Temu and Shein are in a tricky spot — but it's mostly good news

Temu and Shein have just found themselves in a strange spot in the new 90-day reprieve in the trade war with China. President Trump has loosened the tariffs to 30% (down from 145%) as part of a plan to open the negotiations for a new trade deal. However, high tariffs remain on small packages shipped directly from China — the kind that Temu and Shein typically send.Until very recently, Temu and Shein benefited from the de minimis exception, a loophole that allowed for packages under $800 in value to ship wi ...