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While the Trump administration announced a temporary trade deal Monday slashing tariffs on Chinese goods, the rules on de ...
The closure of a trade loophole and prohibitive tariffs on China have upended Temu and Shein's business model ... rivals in the U.S. "Don't count them out ... Not at all. These kinds of Chinese ...
The recent tariff cut has offered a window of opportunity for them to ramp up shipments from China and restock their warehouses and fulfill existing orders.
The move would allow Chinese exporters to significantly cut their shipping ... scrutiny on goods sold by Shein and Temu, while urging European lawmakers to phase out customs duty exemptions ...
President Donald Trump has slashed the tariff on small parcels sent from mainland China and Hong Kong to the US, just hours after the world's two biggest economies said they would cut levies on ...
That's helped Shein to carve out a U.S. niche in low-cost apparel ... A billion packages, plus greenhouse gasesBefore the pandemic, airfreight was largely used for perishable goods, said Josh ...
2:20 U.S. and China reach 90-day trade truce, Trump announces The 30% rate reflects the Trump administration’s decision to cut China’s “reciprocal” duty rate to 10% from 145%, plus a ...
Shein, which is seeking a London listing, did not respond to questions from Reuters about the leasing of the warehouse space. It had previously denied it was shifting production capacity out of China.
Sponsored Bank Accounts In a statement replying to Reuters questions, Shein said reports that it was shifting supply chain capacity out of China were "untrue" and pointed to a growth in suppliers ...
have been cut from 120% to 54%, according to a White House statement. The flat fee per parcel will remain at $100, while a $200 charge due to apply from 1 June has been cancelled. Chinese online ...