Donald Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon
US ecommerce company Amazon had sought to counter the threat posed by cheap Chinese suppliers by launching the “Haul” brand offering products for less than $20 with shipping times between one and two weeks. Now it may be able to avoid a “race to the bottom”, analysts said.
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
Shein and other fast fashion companies could be heavily impacted by new tax changes in the US, which could close a key ...
Cargo and e-commerce platforms face a serious downturn in business after the U.S. moved to ban low-value imports from China ...
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Trump Took on De Minimis. But Will It Stick?The president's executive order exacted new duties on China, and prevents the country's omnipresent e-commerce players from ...
Prices could rise for certain goods — including gas, cars and groceries — and the economy could tip into recession.
Mexico and the United States have reached a one-month agreement to stave off tariffs and a looming trade war, the threat of ...
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