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An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.
Fast fashion could become more expensive for consumers as China-based retailers like Temu and Shien will no longer be able to ship goods to the U.S. cheaply due to the closing of a tariff loophole.
With Trump's tariffs on China soaring past 100% on Wednesday, America's access to low-cost fast fashion retailers like Shein ...
Shein accounted for nearly one-fifth of the global fast-fashion market in ... PDD-owned Temu. H&M declined to comment on Shein’s market share. Zara did not immediately respond to a request ...
Related: Forever 21 Files For Bankruptcy: CFO Cites Competition From ‘Foreign Fast Fashion Companies’ Like Shein, Temu Temu, operated by PDD Holdings Inc PDD, and fast-fashion giant Shein have ...
The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly expand in the US through the almost century-old de minimis rule.
Chinese e-commerce juggernauts Temu, Shein, Alibaba, and JD.com gained popularity in the U.S. partly thanks to a loophole that allowed small-value shipments from China to avoid tariffs.
Ultra-popular fast fashion websites Shein and Temu are facing resistance in the United States as the trade war between the U.S. and China continues to escalate. Known for selling products ranging ...
Chinese e-commerce juggernauts Temu, Shein, Alibaba, and JD.com gained popularity in the U.S. partly thanks to a loophole that allowed small-value shipments from China to avoid tariffs. The hugely ...
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