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SARS wants to withdraw all concessions for imports and exports—including the flat rate for cheap goods from Chinese retailers ...
It is clear that Shein did not achieve the same level of market share at the end of 2024 (November, Black Friday) as it did ...
The South African Revenue Service intends to scrap over 140 concessions supporting simplified import and export clearance ...
Hundreds of Forever 21 U.S. stores will close by the end of March ... to compete with ultra low-cost online retailers such as Shein and Temu which are able to take advantage of the de minimis ...
Temu, which launched in the U.S. 2022, and Shein, which also entered the market that same year, have capitalized on China’s low manufacturing costs and tariff-free import practices.
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