How the ‘de minimis’ rollback will upend TikTok Shop’s product assortment, increase opportunity for prestige brands

1 day ago 10

TikTok Shop is likely to see a dramatic change in assortment and pricing after the planned May 2 cancellation of the tariff loophole known as ‘de minimis’ on goods from China and Hong Kong. 

On April 7, TikTok emailed business leaders warning them of the upcoming change. “…Duties will be applicable to all impacted shipments regardless of value, and additional supporting documentation may be required to import, previously exempt, goods into the U.S.,” the letter read. 

A representative from TikTok did not immediately respond to Glossy’s request for comment on exactly how many sellers this would impact. 

Continue reading this article on glossy.co. Sign up for Glossy newsletters to get the latest on the business of beauty, fashion and pop culture.

Article From: www.glossy.co
Read Entire Article



Note:

We invite you to explore our website, engage with our content, and become part of our community. Thank you for trusting us as your go-to destination for news that matters.

Certain articles, images, or other media on this website may be sourced from external contributors, agencies, or organizations. In such cases, we make every effort to provide proper attribution, acknowledging the original source of the content.

If you believe that your copyrighted work has been used on our site in a way that constitutes copyright infringement, please contact us promptly. We are committed to addressing and rectifying any such instances

To remove this article:
Removal Request