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  • 2 days ago
Transcript
00:00Now, Sheen and Timu price rise for U.S. consumers as Donald Trump closes a postage loophole.
00:09The Chinese online retail giants relied on the exemption to sell and ship low-value items directly to the U.S.
00:18without having to pay duties or import taxes.
00:21Supporters of the loophole, which applied to parcels worth less than $800, argued it helped streamline the customs process.

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