An agreement between the United States and China to temporarily slash tariffs stopped short of reinstating the U.S. "de ...

US President Donald Trump's scrapping of a duty-free loophole has shattered Temu and Shein’s business model, choking their flood of cheap Chinese goods into the United States. In 2024 ...

The removal of de minimis exposed those packages to steep tariffs of up to 145 per cent on most Chinese goods, threatening business models centered around rock-bottom prices and leading Shein and ...

The removal of de minimis exposed those packages to steep tariffs of up to 145% on most Chinese goods, threatening business models centered around rock-bottom prices and leading Shein and Temu to ...

The Chinese firms, which have taken market share from dollar stores and shopping-centre rivals to surge to among the top 10 downloaded apps in the US, would likely use the 90-day reprieve to bring ...

For Gen Z shoppers in America, their country’s trade war with China is no longer ... for around 30% of Shein’s sales and 40% of Temu’s. Can their business model survive the breakdown of ...

Chinese-based discount retailers Shein and Temu are being forced to take drastic measures as they are doubly impacted by President Trump’s ongoing tariff tit-for-tat with China. Not only will the ...

The White House has slashed tariffs on cheap Chinese goods from shopping sites like Temu and Shein — to as low as 30%, below the 54% rate included in President Trump’s executive order earlier ...

US President Trump's move to end duty-free imports has hit Chinese ... Shein will likely double down on Europe, exploiting the European Union's de minimis loophole to sustain their low-cost model.