PDD's Temu sues rival Shein in the US, alleging Shein violated antitrust laws by intimidating clothing manufacturers into supply arrangements that excluded Temu — - Two fast-growing powers in online fashion clash over tactics — Shein dominates ultra fast-fashion with $66 billion valuation More:...
U.S. textile manufacturers blame the exemption for allowing low-value clothing packages to skirt U.S. Section 301 tariffs, which cover some 70% of large-scale Chinese textile and apparel imports. "The drastic increase in de minimis shipments has made it in...