Two members of the U.S. Consumer Product Safety Commission are urging an investigation into the safety practices of Chinese-owned e-commerce platforms Shein and Temu. The call follows reports that the platforms allegedly sell hazardous baby and toddler products. The commissioners seek to examine the platforms' product safety controls, third-party relationships, and consumer assurances. Both platforms have rapidly gained popularity in the U.S. by leveraging low-cost products and a trade loophole allowing duty-free imports under $800. Lawmakers have also scrutinized these platforms over safety concerns, forced labor allegations, and the exploitation of trade exemptions.
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00:00It's Benzinga, and here's what's on the block.
00:02Two members of the U.S. Consumer Product Safety Commission are urging an investigation into
00:07the safety practices of Chinese-owned e-commerce platforms Xi'an and TiMu.
00:12The call follows reports that the platforms allegedly sell hazardous baby and toddler
00:16products.
00:17The commissioners seek to examine the platforms' product safety controls, third-party relationships,
00:22and consumer assurances.
00:24Both platforms have rapidly gained popularity in the U.S. by leveraging low-cost products
00:28and a trade loophole allowing duty-free imports under $800.
00:32Lawmakers have also scrutinized these platforms over safety concerns, forced labor allegations,
00:37and the exploitation of trade exemptions.
00:40For all things money, visit Benzinga.com.