Imported goods are subject to customs duties and a 15% VAT rate based on their value, which must be paid to Sars.

Q4 2024 Results Conference Call September 19, 2024 4:30 PM ETCompany ParticipantsLawrence Tan - Chairman and Chief ...

The Biden administration's plan to close a tariff loophole threatens Amazon and Walmart's strategy to compete with Chinese ...

Temu denies it was hacked or suffered a data breach after a threat actor claimed to be selling a stolen database containing ...

Analyst Lee Horowitz of Deutsche Bank maintained a Buy rating on Amazon (AMZN – Research Report), retaining the price target of $225.00.

Measures tightening customs waivers on low-value shipments of foreign goods going directly to U.S. consumers may undercut ...

New White House rules would close a tax loophole that lets Shein and Temu cheaply ship from China to American shoppers. The ...

A TikToker was stunned to open a package from Temu only to discover the croissant lamp she ordered was an actual croissant. ‘Froginahatgirl’ shared the bizarre product on her page, which she ...

As U.S. businesses struggle with inflationary pressures, Chinese online retailers Shein and Temu are gaining marketshare among American consumers despite accusations they sell substandard products ...

Ricky Mulvey: Let's move on to the owner of Temu. Pinduoduo, had a rough day. The Chinese e-commerce firm, it's an agricultural SaaS platform, which I didn't know. It shed $55 billion in market ...

Temu is known for its cheap items. However, sometimes low prices come at a cost. For example, one TikTok user claimed that their attempt to buy Disney-themed socks off the app led to them owning a ...