News

By Siyanda Mthethwa JOHANNESBURG (Reuters) -China-founded e-commerce retailers Shein and Temu have captured a combined 3.6% ...
Temu and Shein have long been known for their ultra-low prices. In fact, Temu’s famous Super Bowl ad encouraging people to ...
President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
President Trump signed an executive order ending de minimis trade loophole. The order will take effect Aug. 29. Here's what ...
"U.S. consumers may have fewer choices and goods will become persistently more expensive," one economist said.
For countries without a standing trade partnership with Mexico, the duties on low-value goods will increase to 33.5 percent ...
President Trump's suspension of a global trade loophole could significantly increase costs for Chinese mega-shippers Shein ...
Growing fatigue for importers Shein and Temu in South Africa is presenting a strong investment opportunity for local ...
The Italian competition authority has fined the Dublin-based company that manages Shein’s website in Europe €1m for ...
Temu and Shein are two companies that are able to sell and ship goods for extremely low prices. The founder and CEO of ...
President Donald Trump signed an executive order ending the “de minimis” trade exemption from tariffs—a loophole that allowed ...
Unlike Shein, Temu's appeal cuts across age groups and gender. The platform is the world’s second most-visited online shopping site, software company Similarweb reported in September.