(NewsNation) — President Donald Trump is eliminating a trade loophole that allows budget retailers like Shein and Temu to avoid tariffs on cheap Chinese goods. Trump signed an executive order ...
The elimination of the loophole is expected to impact discount marketplaces like PDD‘s (PDD) Temu and Shein, which have relied on it to expand rapidly in the U.S. The change is part of an effort ...
Shein's latest collaboration with The Hunger Games has left a fair few people scratching their heads off the back of the painful irony. Earlier this week, the fast fashion powerhouse unveiled a ...
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive ...
It’s a decision that could lead to higher costs for consumers who shop at bargain sites like Shein and Temu — both of which have relied on the exemption to sell ultra-low cost products and rapidily ...
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A worker makes clothes at a garment factory that supplies Shein in China's southern Guangdong province in 2022. Photo: Jade Gao / AFP via Getty Images ...