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Shoppers have fled Temu and Shein after President Trump slapped the Chinese sites with hefty tariffs – spending their dollars instead at US department stores like Nordstrom Rack and Kohl’s, according ...
New York Magazine on MSN6d
Temu and Shein Might Just Be Screwed
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
After Donald Trump’s tariffs on China, European countries are braced for a flood of Chinese goods that might not come.
Low-value parcels shipped from China to the U.S. are now subject to a 54% tariff after a trade agreement was reached.
The United States has decided to lower the taxes, known as tariffs, on small packages coming from China and Hong Kong. This includes packages sent by popular online shopping companies like Shein and ...
Dollar General reported a beat and raise in Q1, creating optimism in the company's turnaround. Find out why DG stock is a Buy ...
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
As of Friday morning, here is the latest announcement from the White House on the tax ... rate on the package or a $100 package fee. On June 1, that fee will jump from $100 to $200. Shein and Temu ...
clarifying that the tariff rate wasn’t reduced to 54%, but still maintaining the $100 fee option. That means many imports of low cost orders from the likes of Temu and Shein have still been ...
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 Trump administration drops the tariff rate on packages from China valued at under $800 from 120% to 54%, but that's still pretty high for a Shein haul.