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Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon
Scrapping of ‘de minimis’ rules could slow deliveries and raise costs for Chinese groups, say analystsFinancial Times - 8h -
Trump targets US trade loophole used by Shein and Temu
Scrapping of ‘de minimis’ rules could slow deliveries and raise costs for Chinese groups, say analystsFinancial Times - 8h -
Temu parent PDD's stock tumbles as Trump tariffs close trade loophole
PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.CNBC - 1d -
Trump’s tariffs could hurt Temu and Shein. Here’s which stocks stand to gain.
Amazon and Etsy could benefit from an end to the “de minimis’ exep that lets companies directly ship packages worth under $800 without paying duties.MarketWatch - 1d -
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein.NBC News - 1d -
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump's tariffs against China, Canada and Mexico target a trade provision that helped spur the rise of low-cost retailers, including Temu and Shein.CNBC - 1d -
Temu, Shein and Amazon to be liable in EU for ‘unsafe’ or ‘illegal’ goods
Proposed customs reform would allow officials to better inspect and control packages from ChinaFinancial Times - 3d -
Foreign Hackers Are Using Google’s Gemini in Attacks on the US
Plus: WhatsApp discloses nearly 100 targets of spyware, hackers used the AT&T breach to hunt for details on US politicians, and more.Wired - 3d -
Shein ramps up charm offensive as London IPO nears
Shein is detailing its commitment to product safety after it clashed with U.K. lawmakers on its supply chain and recalled a dangerous hair dryer.CNBC - 4d -
The US isn’t polarized — it’s fractured
It proves difficult to achieve the common good when conflict abounds and it is hard to agree upon what we have in common.The Hill - 6d -
No, the US is not a 'nation of immigrants'
Today's left lives for identity politics. Without the suffixes “-ism” or “-phobia,” Democrats would have to defend unpopular policies such as child genital mutilation and open borders. The 2024 ...The Hill - 6d -
Where Is President Trump Taking Us?
Trump has returned to office fully equipped to push the national government in a radically new direction.The New York Times - Jan. 28 -
Wild January weather assails the US
Warnings of flash floods in charred southern California follow a once in a lifetime freeze in Gulf statesFinancial Times - Jan. 26 -
The world is moving on to trade without the US
Many nations have been responding to Trump tariffs not by retaliating but by courting other trade partnersFinancial Times - Jan. 26 -
AI Can Work for Us
A.I. can be designed to dramatically enhance individual empowerment.The New York Times - Jan. 25 -
US Coast Guard starts using 'Gulf of America'
The U.S. Coast Guard started using the term “Gulf of America” to refer to the Gulf of Mexico on Tuesday, one day after President Trump signed an executive order setting in motion the process to ...The Hill - Jan. 23 -
Ask Us Your Health Questions
It could be answered by Times journalists and experts in a future Ask Well column.The New York Times - Jan. 23 -
Shein exec says tariffs shouldn't affect its cheap clothes — as long as they're applied 'equally'
When asked if Shein will still be able to provide its ultralow prices if tariffs take effect, Tang did not address whether the company would raise prices.CNBC - Jan. 23 -
Progressives focus their ire on US 'oligarchy'
Progressives are focusing their messaging on being anti-oligarchy, training their sights not just on Republicans but also on Democrats they argue are too beholden to corporate interests. Following ...The Hill - Jan. 23 -
US Coast Guard and Florida start using Gulf of America for Gulf of Mexico
Donald Trump signed executive order to rename body of water in honor of ‘American greatness’. The US Coast Guard (USCG) and the state of Florida have started referring to the Gulf of Mexico as the ...The Guardian - Jan. 22 -
Elephants are not people, US court rules
Judges ruled a bid to free five elderly African elephants from Cheyenne Mountain Zoo was based on a law that only applied to humans.BBC News - Jan. 22 -
TikTok restoring service to US users
TikTok said Sunday it is "in the process" of restoring service to the U.S., just more than 12 hours after cutting off access to the popular video-sharing platform in anticipation of a ban. “In ...The Hill - Jan. 19 -
TikTok goes dark across US
Short-form video app says it is ‘fortunate’ that Donald Trump has ‘indicated he will work with us on a solution’Financial Times - Jan. 19 -
TikTok no longer accessible in US
TikTok blocked access to American users late Saturday night, just hours before a law banning the popular video-sharing platform was set to go into effect. “A law banning TikTok has been enacted in ...The Hill - Jan. 19 -
Shein backlash divides shoppers: 'Everywhere else is too expensive'
Some young shoppers will continue to buy from the fast fashion giant despite concerns over how workers are treated.BBC News - Jan. 19 -
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic ...NBC News - Jan. 18 -
Will the Democrats overcorrect on US economic policy?
Bidenomics’ lasting legacy may depend on Republican successFinancial Times - Jan. 16 -
The truth behind your £10 dress: Inside the Chinese factories fuelling Shein's success
Workers making clothes for the fast fashion giant tell the BBC they labour for up to 75 hours a week.BBC News - Jan. 12 -
TikTok’s last dance in the US
Plus, Joe Biden leaves the White House, Wall Street banks report earnings, and confidential MI5 files are made publicFinancial Times - Jan. 12 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
O Canada, Come Join Us
Perhaps Trump is not making a threat but offering an opportunity.The New York Times - Jan. 11 -
MPs urge checks as Shein refuses to answer questions
The chair of a committee of MPs has written to the London Stock Exchange with concerns over the fashion retailer.BBC News - Jan. 10 -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - Jan. 10 -
Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing
Trade committee chair Liam Byrne writes to FCA and London Stock Exchange after questioning of fast-fashion groupFinancial Times - Jan. 10 -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Shein accused of ‘not respecting’ UK MPs in grilling on labour practices
Online fast-fashion retailer refuses to answer questions about whether it uses cotton from China’s Xinjiang regionFinancial Times - Jan. 7 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7
