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A comment on Fabric and craft retailer Joann to go out of business, close all of its stores. Parent comment

Re:Fabric and craft retailer Joann to go out of business, cl... by selectodude on Tuesday February 25, 2025 @11:28AM (#43173950)
It was really the first round of tariffs on China. They were competing against a bunch of Chinese drop shippers operating under the de minimis exception. They were paying more for yarn wholesale than you were paying to get it sent to your door because of the tariffs.
[ Parent | on HN ]
Re:Fabric and craft retailer Joann to go out of business, cl... by GenerocUsername on Tuesday February 25, 2025 @11:53AM (#43174334)
I want this to make sense... But that doesn't make sense.

Wouldn't the chinese dropshippers be hit with Tariffs

[ Parent | on HN ]
Re:Fabric and craft retailer Joann to go out of business, cl... by infecto on Tuesday February 25, 2025 @12:00PM (#43174438)
de minimis refers to the Section 321 exemption, which allows shipments valued at $800 or less to enter duty-free and without formal customs entry
[ Parent | on HN ]