Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat on broad tariffs and cross-border postal fees — but anything short of a total rollback is likely to be disastrous for the firm.

After regulators failed to approve Shein's proposed IPO in London, sources say the fast-fashion giant is moving its ambitions to Hong Kong.

It’s not just the US looking to put up walls to slow down China’s surge of cheap products. Australia may need to rethink its strategy.

With the baseline tariff set at 10 per cent for most nations and a steep 30 per cent levy on Chinese imports, the added cost burden is set to be passed on to US consumers, industry leaders warned.

The US president’s move to revoke the tax exemption for small parcels from China has spurred other governments to do likewise.

The European Union has proposed a two-euro flat fee on billions of small parcels sent directly to people's homes, which mainly come from China at the moment. The new tax would mean that packages worth less than 150 euros (£126) are no longer customs-free.

As part of that reform, the EU will also scrap its own “de minimis” exemption from tariffs for parcels worth less than €150. That will force sellers on the online platforms to register for VAT, making them liable for goods quality as importers for the first time.

Brussels is considering a €2 handling fee on low-value parcels from outside the bloc, prompting Beijing to warn against measures that could hurt Chinese e-commerce exports

Japan is mulling a review of tax exemptions for small parcels including those shipped from China, joining a slew of governments stepping up scrutiny over a duty-free channel used by Shein and PDD Holdings Inc’s Temu.

The Trump administration has intensified its trade policy efforts, targeting a practice that favored international retailers, notably Chinese e-commerce giants Shein and Temu.