Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said ...
Both Temu and Shein have denied the accusations of widespread ... Temu added that its cotton-based products only account for about 1% of its sales, and that it does not “facilitate the ...
Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the ...
Eliminating de minimis will cost U.S. consumers between $10.9 billion and $13 billion overall, but the relative cost per person will be higher for lower-income Americans, according to the paper, ...
The ban was implemented on Feb. 4 after President Donald Trump directed the United States to implement an additional 10% ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
With the halt on Trump's tariffs, it is unknown if the pause on parcels from China will resume or if shipping costs from China and Hong Kong will be higher to account for taxes. FedExForum ...
One Congressional report from June 2024 found that Chinese e-commerce sites Temu and Shein account for more than 30% of all packages shipped to the U.S. every day under the de minimus provision.
Meanwhile, Trump said he plans on announcing new tariffs at least twice this week, including against China, Mexico and Canada — three of America's largest trading partners. His first announcement will ...
The U.S. Postal Service on Wednesday said it will resume accepting parcels from China and Hong Kong after a brief suspension. The move comes after the U.S. imposed an additional 10% tariff on Chinese ...
Meta continues to show incredible resilience despite the unstable economic conditions. It continues to extend its historic gain streak, thriving as though ...