US Takes Aim At Shein and Temu With New Import Rule Proposal (theverge.com)
- Reference: 0174991655
- News link: https://news.slashdot.org/story/24/09/13/2129249/us-takes-aim-at-shein-and-temu-with-new-import-rule-proposal
- Source link: https://www.theverge.com/2024/9/13/24243653/us-biden-shein-import-rules-de-minimis-loop-hole
> Under the proposed rules, the US will prevent companies from claiming the de minimis exemption if their goods are covered by Section 301, Section 232, and Section 201 tariffs, which apply to products from China, steel, and aluminum, as well as washing machines and solar panels. In addition to slapping these shipments with tariffs, the rule change would subject them to closer inspection by US Customs and Border Protection.
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> The Biden administration said the proposal would help "protect consumers from goods that do not meet regulatory health and safety standards." Even though Shein is headquartered in Singapore, it's known for cheap fast fashion that's mainly manufactured in China. The China-based Temu sells clothes, household items, electronics, and a variety of other goods made in the country as well.
[1] https://www.whitehouse.gov/briefing-room/statements-releases/2024/09/13/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-american-consumers-workers-and-businesses-by-cracking-down-on-de-minimis-shipments-with-unsafe-unfairly-traded-products/
[2] https://www.theverge.com/2024/9/13/24243653/us-biden-shein-import-rules-de-minimis-loop-hole
Great for business... (Score:2)
So, this means a US business just buys the stuff from Shein and Temu, slaps their label on it, triples the price, and sells it on Amazon or other retail outlets?
Great for businesses, but for the end user, it does nothing for them. They still get the same crap, except have to pay a middleman money for it.
A lot more than Shein and Temu (Score:2)
A lot of small businesses and startups rely on those tarif exceptions especially on sites like on Ebay, Alibaba, Newegg, Amazon etc will be decimated. Right or wrong, a lot of things just got a lot more expensive so either these companies are going to find a way around China to skip the import ban or they are they are history.
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Why should the US care about small Chinese startups trying to sell in the US?
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"small"
Re: A lot more than Shein and Temu (Score:2)
At one point did I say "chinese" startups
FFS, also take away the free postage advantage. (Score:2)
For years anyone in China could sell you a gizmo for $1 and not even have to charge you shipping to be profitable. Just make them pay actual shipping costs including US Postage like we citizens pay.
And we blame things like Amazon and Walmart killing local merchants, this is worse and our own government enables it.
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Yes, it is horrible, horrible that the government would allow you to buy inexpensive goods. There are profits being lost, here!
Protecting consumers? (Score:2)
(makes note to lay in a good supply of aluminum round stock, rectangular stock, and structural extrusions)
I understand how this protects American businesses, but fail to see why making things more expensive "protects consumers".
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> I understand how this protects American businesses, but fail to see why making things more expensive "protects consumers".
What's wrong comrade, why don't you believe the news that [1]a four-alarm fire in Downtown Moscow clears way for a glorious new tractor factory? [imdb.com]
[1] https://www.imdb.com/title/tt0083530/quotes/
Fix the postage exemption (Score:2)
It's time the stop the BS "developing country" exemption that China gets under the Universal Postal Union rules that allow Chinese online sellers to ship stuff to the US all the way from China for less than it would cost someone in the US so ship to he same thing yo the next state over.
News for Nerds (Score:2)
Seriously
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nerds vote too.
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> nerds vote too.
This isn't an election issue.
Both parties are descending into protectionism, especially against China.
Re: News for Nerds (Score:2)
China subsidizes some exports as a form of dumping, so I'd say that's fair for manufactured goods. But raw materials make no sense even if they're subsidized. If they want to send us raw materials at below what it costs to extract them from the ground, then by all means let them.
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Yes, but there is no difference between Trump and Harris on this issue.
It's sad to see the world heading into a protectionist era. It is mostly China's fault. The implicit deal with the West in the 1990s was that we'd help China's "peaceful rise" and that they'd move toward free markets and liberal democracy while accepting the rules-based international order.
China is sliding back into autocracy, bullying its neighbors, and rejecting international institutions.
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China also used to heavily focus on innovation, with a ton of their GDP going for stuff like Thousand Talents. Now, it seems they are in full reverse from the Deng days, trying to go back to Maoism, with another cultural revolution implied.
It seems like Xi isn't doing much for China's future. The funny thing is that if Xi didn't turn the pain on Europe, Hong Kong, and Taiwan, and start disputes with neighbors, there would be a good chance that Taiwan would be a part of China by now, and Europe would have
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That implicit deal was a long con.
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> China subsidizes some exports as a form of dumping, so I'd say that's fair for manufactured goods.
At the end of the day though, the tariffs just amounts to additional inflation, since we're still getting damn near everything from China anyway. I haven't been a fan of this since the previous administration, as I've personally witnessed how it's been jacking up the prices for parts in my line of work.
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yes, ofc, but this is "promoting" biden's play.
i might be wrong, i've not really followed this seriously, but my impression is that this editor tends to trumpet that message in particular.
you might think that promoting laughably asinine crap like "The Biden administration said the proposal would help "protect consumers from goods that do not meet regulatory health and safety standards."" would be counterproductive, particularly for an nerdy, supposedly educated and mostly progressive public. apparently not.
Dude do you know how much anime crap (Score:2)
And transformers crap is all over Temu? Not to mention all the cosplay gear people buy.
I get it we are mostly comprised of old farts who don't have a lot of money having blown it raising a kid or two, because ironically nerds have kids too and kids are stupidly expensive...
But for a lot of rank and file nerds Temu is chalk full of stuff they buy on a regular basis.
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TBH, most of what I've seen on Temu is just no-name crap that isn't actually all that cheaper than buying from some drop shipper on Amazon or eBay. Temu certainly spends a lot of money on social media advertising to give the impression that they're giving stuff away, but that's just the modern take on as-seen-on-TV ads, where if you convince people your overpriced mediocre products are actually a fantastic deal, you'll almost always find enough suckers to earn a decent profit.
I've personally seen quite a f