With the rise of Chinese e-commerce sites like Shein and Temu, the US has seen a surge in shipments claiming the duty-free exemption. These shipments have increased from 140 million per year to ...
Founded in China more than a decade ago, Shein was already beginning to disrupt online shopping in the United States when ...
Fast-fashion giant Shein reportedly more ... at about $50 billion, the outlet reported. The most valuable China-founded enterprise to go public in the US so far is e-commerce giant Alibaba Group ...
The de minimis exemption is a US trade provision that allows low-value goods — those valued at $800 or less — to be imported ...
The move threatens to reshape parts of the US retail arena and deflate the excitement that’s accompanied the meteoric ascent ...
NEW YORK, Sept 4 (Reuters) - Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to investigate e-commerce retailers Shein and Temu after "deadly baby and ...
Washington’s envisioned clampdown on the tax-free import of Chinese goods imposes one more layer of uncertainty on ...
As U.S. businesses struggle with inflationary pressures, Chinese online retailers Shein and Temu are gaining market share ...
In August, sales jumped 1.4% for online retailers in August and rose 0.7% at health and personal care outlets. Yet they were flat for restaurants and bars, a sign that consumers are holding back from ...
Its largest market is the US — and the company does not ... are skeptical of the company's ties to China, the outlet noted. As a result, Shein shifted its efforts to a public listing in London.
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve ...