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Stockreport

Shein's and Temu's prices will get hit even harder by the new de minimis rule [BNN Bloomberg (Canada)]

Amazon.com, Inc. (AMZN)  More Company Research Source: BNN Bloomberg
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Trump eliminated the so-called “de minimis exemption,” which had admitted duty-free shipments of goods worth US$800 or less into the United States. Giant e-commerce sites used the loophole when shipping hundreds of millions of packages to US consumers. The administration did away with the exemption for goods coming out of China and Hong Kong in May amid the US-China trade war. This latest move extends that to every country around the world. Trump said in an executive order issued on Wednesday that “many shippers go to great lengths to evade law enforcement and hide illicit substances in imports that go through international commerce” and the risk of “evasion, deception, and illicit-drug importation are particularly high for low-value articles that have been eligible for duty-free de minimis treatment.” This is more bad news for Chinese retailers and their customers because it shuts down the option of re-routing small shipments duty-free through countries like Vietnam, which is [Read more]

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Stockreport

Shein's and Temu's prices will get hit even harder by the new de minimis rule [BNN Bloomberg (Canada)]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Trump eliminated the so-called “de minimis exemption,” which had admitted duty-free shipments of goods worth US$800 or less into the United States. Giant e-commerce sites used the loophole when shipping hundreds of millions of packages to US consumers. The administration did away with the exemption for goods coming out of China and Hong Kong in May amid the US-China trade war. This latest move extends that to every country around the world. Trump said in an executive order issued on Wednesday that “many shippers go to great lengths to evade law enforcement and hide illicit substances in imports that go through international commerce” and the risk of “evasion, deception, and illicit-drug importation are particularly high for low-value articles that have been eligible for duty-free de minimis treatment.” This is more bad news for Chinese retailers and their customers because it shuts down the option of re-routing small shipments duty-free through countries like Vietnam, which is [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS