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The tariff policies enacted by President Donald Trump have ignited a fresh wave of global economic tensions, directly ...
That was before the rate was hiked up to 125%. Shein and Temu orders will no longer enjoy trade loophole after May 2 Although China faced rising tariff rates on exports to the U.S. ahead of ...
Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...
(Reuters) -Fast-fashion retailer Shein is facing opposition from the Chinese government over its plans to shift some production out of the country, Bloomberg News reported on Tuesday, citing people ...
The tax exemption, which applies to packages valued at $800 or less, helped China-founded e-commerce companies like Shein and Temu thrive while cutting into the U.S. retail market.
The tariff costs threaten to deal a blow to the U.S. operations of companies like Shein and Temu, which rapidly expanded in the U.S. using the de minimis provision to deliver ultra-cheap fast ...
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