Trump Just Eliminated the $800 Duty-Free Exemption for Imports From China. It Could Be a Disaster for Small Businesses
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher prices and delays for shipments.
Stock Market Today: S&P 500, Nasdaq Fall; Google, AMD in Focus
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How Uncertainty Over Shipping From China Is Feeding Into Markets
These are tricky times for PDD, the Chinese company behind the low-cost online shopping platform Temu. PDD's Nasdaq-listed shares dropped Wednesday, and had been even lower in premarket trading. A day ...
Shein IPO hopes dealt another blow as Trump closes import loophole
The burgeoning trade war between the US and China could further dent Shein's potential blockbuster listing on the London ...
Stop Uyghur Genocide threatens legal action if Shein IPO is approved
UK campaign group Stop Uyghur Genocide (SUG) will seek a judicial review of the Financial Conduct Authority's (FCA) decision ...
U.S. Postal Service halts inbound packages from China, Hong Kong
The United States Postal Service ((USPS)) announced a temporary suspension of inbound parcels from China and Hong Kong, ...
More than 2.3 million missing out on a pension boost by not claiming tax relief
Some 56% of higher or additional rate taxpayers - equivalent to 4.9m adults - pay into a personal pension, such as a ...
Shopping on Shein, Temu could get costlier as U.S. ends trade loophole
Americans may have to pay more when shopping on low-cost e-commerce platforms like Shein, Temu, AliExpress and Amazon (NASDAQ ...
The Shein effect: Is fashion stuck in a race to the bottom?
Are fashion retailers chasing Shein’s unsustainable pricing model, or can they strike a balance between affordability and ...