Some corporate media outlets did not mention the concerning labor practices of popular Chinese online retailers such as Temu and Shein while covering how President Donald Trump’s recently-implemented tariffs against China targeted a tax loophole often used by the two retailers.
The president announced on Saturday that he was implementing a 10% tariff on imports from China, as well as 25% tariffs against Canada and Mexico, in an attempt to stifle the flow of illegal immigration and illicit drug trafficking from the three countries. The tariff against China also closes a “de minimis” exemption, or a tax loophole that allowed exporters to ship packages worth less than $800 per person, per day, into the U.S. duty free, often used by major Chinese online retailers.
Several recent reports on the impact of the tariffs left out the fact that both Temu and Shein have been accused of unfair labor practices, including forced labor and child labor. A May 2024 report from the watchdog group Public Eye found that Shein was subjecting some of its employees to 75-hour work weeks.
Temu previously admitted that it “does not expressly prohibit third-party sellers from selling products based on their origin in [China’s] Xinjiang Autonomous Region,” where an estimated almost 5.8 million Uyghur Muslims live in modern slavery. Both of the China-based brands have also come under scrutiny for reportedly selling toys that do not meet U.S. safety regulations and pose potentially deadly risks to infants. Experts have also warned that products and clothing from several fast-fashion retailers, including Shein, had high levels of toxic chemicals that pose potential health hazards.
Shein also said that it found “two cases of child labor” in its supply chain in 2023, according to its sustainability report released the same year. Temu and Shein alone are responsible for roughly 30% of all packages shipped to the U.S. daily under the de minimis provision, according to the House Select Committee on the Chinese Communist Party (CCP). […]
— Read More: dailycallernewsfoundation.org
Why the National Debt Is the Looming Threat to Your Retirement Plans
The Hidden Crisis No One Is Talking About
Every day, headlines warn about inflation, market volatility, and global instability—but the greatest looming threat to your retirement might be something far more fundamental: America’s skyrocketing national debt.
You can learn more about how the national debt affects you by reading this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“.
With debt growing faster than most Americans can possibly fathom, the government’s borrowing habits have reached historic—and dangerous—levels. To cover spending, Washington is making moves with their budget packages, tariffs, and taxes. Is it enough? No. It’s not even close to what would be necessary to stop out-of-control debt, let alone reverse it.
How Debt Erodes Your Nest Egg
There are only so many levers government and the Federal Reserve can pull to try to protect Americans, assuming that’s even a top priority for them. Unfortunately, pulling one level to relive one pressure invariably adds pressure from another direction. This is why prices keep going up even as inflation reportedly slows.
For retirees and pre-retirees, that’s a perfect storm. The dollars you’ve worked hard to save lose value, and your cost of living increases while your investments lag behind.
If you’re relying solely on paper-based assets—stocks, bonds, or mutual funds—you’re essentially tied to the same system that’s creating the problem. It’s a system that was designed to work well in the 20th century, not in today’s world with people living longer and the dollar rapidly losing value.
This is why the 3-minute report, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now,” is so important.
The Precious Metals Hedge
Thousands of Americans are looking for a tangible, time-tested hedge: physical gold and silver.
Unlike paper assets, precious metals aren’t dependent on government policy or the stock market’s mood swings. They’re real, finite resources that have maintained value for thousands of years through wars, recessions, and inflationary periods.
In fact, during times of high inflation and fiscal instability, gold often performs its best—because it’s seen as a store of value when faith in the dollar weakens. This is why prices have skyrocketed this year and are expected by many economists to continue going up in the future.
Take Control with a Gold IRA
One of the most effective ways to protect your retirement from national debt fallout is through a self-directed Gold IRA. This IRS-approved account lets you hold physical gold and silver within your retirement portfolio, giving you:
- Direct ownership of your assets
- A hedge against inflation and dollar decline
- The control to diversify beyond Wall Street
Augusta Precious Metals specializes in helping Americans just like you take this step with confidence. The company has earned a strong reputation for transparency, education, and personalized service—making it one of the most trusted names in the industry.
The Next Step: Secure Your Financial Future
Augusta Precious Metals has helped thousands of Americans with at least $50,000 to invest from their IRAs, 401(K)s, TSPs, and other retirement accounts safeguard their savings through precious metals.
If you’re concerned about what the rising national debt could mean for your future, now is the time to act.
Read this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“ and learn the simple steps you can take to protect your retirement.
