Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022.

The Shein website, left, and the Temu site, right, are displayed June 23, 2023, in New York. NASHVILLE, Tenn. — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U ...

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5. Shein and Temu Chinese retailers like Shein and Temu were once exempted from tariffs owing to the ‘de minimis’ exception rule, under which shipments of goods less than $800 were spared from taxes.

Sony’s CFO also said it “may pass on the price” to consumers. Chinese e-commerce giants Shein and Temu were previously exempt from tariffs on orders under $800, thanks to the “de minimis” rule.

Wall Street has surged as investor risk appetite was buoyed by US President Donald Trump's latest tariff respite and an ...

Chinese Premier Li Qiang met with Indonesia's President Prabowo Subianto on Sunday to discuss ways to expand trade and investment during the US global trade war and as economic globalisation faces ...