Temu

US Tax Loophole closures signal a new era for fast-fashion giants Shein and Temu

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MANSFIELD, Ohio — For years, the companies Shein and Temu exploited U.S. tax loopholes to minimize shipping costs and deliver goods rapidly. However, a recent policy change enacted under President Donald Trump could alter their profitable strategy. Beginning April 2, the government introduced new regulations aimed at closing the loophole that allowed these companies to sidestep tariffs on certain imports. Critics argue that this shift responds to long-standing concerns about unfair trade practices and the fiscal implications for U.S. manufacturers. Shein and Temu, both prominent in the fast-fashion and e-commerce sectors, have built their success … Read more

Class Action Lawsuit Accuses Temu App of Illegally Accessing Users’ Phone Data

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BOSTON (AP) — Temu, a Chinese-owned company, is facing a class-action lawsuit in multiple states over allegations of accessing customer information on their phones. The lawsuit was filed on February 16 by a law firm on behalf of more than a dozen plaintiffs from Massachusetts, California, Illinois, New York, and Virginia. According to the plaintiffs, Temu deliberately loaded its app with malware and spyware and misled customers about how their data is used. A court filing highlighted the complaint, stating that Temu has access to “literally everything” on users’ phones. The online marketplace is also … Read more