Friday, September 13, 2024

The White House plans to curb the "overuse and abuse" of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs (CNBC)

CNBC:
The White House plans to curb the “overuse and abuse” of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs  —  The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” …



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Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce (Meir Orbach/CTech)

Meir Orbach / CTech : Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans ...