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The tariff relief, which affects big Chinese e-commerce players including Shein and Temu, follows a deal between Beijing and Washington to unwind most of the duties imposed on each other’s goods since early April, after weekend talks in Geneva.
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Big brother has lowered tariffs from 0% to 54%! How kind!
The real fucking kicker is its 30% for the companies, consumers pay 54%. So Shein and Temu can fill their US warehouses, raise prices and pocket the tariff differential.
