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Karoline Leavitt confirms that the Reuters report is FALSE. Tomorrow, Feb 1st is the deadline for the tariffs
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If the avg value of an ecom shipment from China to US is ~$30, and the de minimis is zero, with an avg duty rate of say 20%, the cost of the Temu order will increase to $36 from $30. Is that enough to make a dent in Temu/Shein market share?
— Alex Yancher (@AlexYancher) January 29, 2025