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Chinese online retailer Shein has been fined €40 million ($47 million) in France for misleading consumers about price ...
France's antitrust agency said on Thursday it had fined China-founded fast-fashion retailer Shein 40 million euros ($47.17 ...
India Business News: Shein partners with Reliance Retail to expand its Indian manufacturing network, aiming to increase suppliers to 1,000 within a year. This collaboratio ...
JOHANNESBURG - South Africa's closure of a tax loophole that benefited global discount e-commerce retailers Shein and Temu is starting to show positive signs as some consumers reject the higher prices ...
Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...
Shein, China's fast fashion behemoth, hampered by tariffs The online retail giant, operating in 150 countries, hoped for a significant debut on the London Stock Exchange this year.
The newly signed executive order will now provide some relief to Chinese e-commerce companies such as Shein and Temu. Starting Wednesday, the "de minimis" tariff will drop from 120% to 54%.
Trump said he is due to speak with Chinese President Xi Jinping by phone in the coming days. Update, 5/14/25, 3:20 a.m. ET: This article was updated with more information about the de minimis tariff.
U.S.-China tariff agreement does not reinstate de minimis Tariff cut from 145% to 30% helps Shein and Temu could use reprieve to replenish U.S. warehouses ...
The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, an outcome President Donald Trump dubbed a "total reset" as he said talks with ...
The U.S. and China reached a temporary tariff reduction agreement, but it doesn't reinstate the "de minimis" duty exemption for e-commerce packages. This 90-day tariff reduction to 30% allows ...
Online Retail Temu and Shein’s end confirmed in the U.S.: how it affects your next purchases A combination of, the closure of a trade loophole and prohibitive tariffs on China have upended Temu ...
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