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Trump's tariffs are driving tech prices up and slowing innovation, with significant impacts on global supply chains and consumer wallets.
Shein and Temu rapidly expanded in the U.S. using the de minimis provision to deliver ultra-cheap fast-fashion items from ...
Shares of PDD Holdings, the owner of online-marketplace Temu, slipped as a series of escalating tariffs between the U.S. and China added major complications to its business. The stock was trading down ...
An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.
Trump signed an executive order Wednesday to end the so-called “de minimis” exemption on merchandise from China and Hong Kong. The rule allowed companies to avoid import taxes and certain customs ...
An executive order the president signed Wednesday will eliminate the “de minimis provision” for goods from China and Hong ...
The move appears to be a massive blow to fast-fashion companies such as China-based Shein and Temu, which managed to rapidly ...
Trump said: "For nations that treat us badly, we will calculate the combined rate of all their tariffs, non-monetary barriers ...
Brad Sell, the company’s chief financial officer, said in the statement: “We have been unable to find a sustainable path ...
Dollar Tree (DLTR) stock has almost halved in under a year. Customer pushback after raising prices, operational challenges, and tariff risks ...
Tesla's market presence in Europe is dwindling, as new figures show a decline in car sales amid increased competition and economic challenges. This trend emerges despite a general rise in electric ...
Shein, the ultra-fast fashion giant from China, strengthened its ever-tightening grip on the apparel market in 2024, outpacing competitors once more as budget-conscious consumers continued to turn to ...
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