Shein IPO plans hit by Trump’s low-cost parcels crackdown
Read more at Financial Times
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Trump pauses tariffs on low-cost parcels in US-China trade reprieve
Repeal of ‘de minimis’ exemption had sparked turmoil at US customs and postal service as shipments piled upFinancial Times - Feb. 8 -
Here’s the biggest economic threat from Trump’s planned immigration crackdown, according to Goldman Sachs
Should those arrests and deportations pick up, it could have economic consequences, depending how aggressive authorities get.MarketWatch - Feb. 10 -
Trump unveils ‘reciprocal’ tariff plan to hit trade partners
Brazil, India, Japan, Canada and EU at risk, warn White House officialsFinancial Times - 6d -
Trump delayed tariffs on low-cost packages from China
President Trump signed an executive order this week that temporarily prevents low-cost packages from China from being slapped with his new tariffs. The move delays the suspension of the de minimis ...The Hill - Feb. 7 -
Trump’s FBI nominee Kash Patel under fire over Shein stake
Controversial official discloses stock in owner of Chinese fast-fashion retailer that has been accused of forced labourFinancial Times - Feb. 9 -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - Feb. 8 -
The latest on Trump's immigration crackdown — and the reality of limited resources
Latino Republican lawmakers who approve of Trump are toeing a fine line between supporting his immigration crackdown and standing by their constituents.NBC News - 5d -
Trump’s FBI Pick Kash Patel Took Up to $5M in Stock From Chinese Ecommerce Giant Shein
Donald Trump’s pick for FBI director told senators he has no plans to divest his shares, which his financial disclosure form says were received in exchange for consulting services.Wired - Feb. 7
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Germany’s chance for a revival
Election victors must confront economic malaise, external security threats and domestic tensionsFinancial Times - 2h -
Walmart points to ‘uncertain time’ with warning of weaker sales growth
Shares of world’s biggest retailer slide after full-year revenue growth forecast fails to meet Wall Street’s expectationsFinancial Times - 2h -
ECB’s annual loss hits record €7.9bn
Loss reflects higher interest payments made to national central banksFinancial Times - 3h -
Baltic self-sufficiency is a warning for Washington
Rendering US military support good-to-have rather than need-to-have will diminish America’s global influenceFinancial Times - 3h -
Trump rushes to meet Putin’s demands on Ukraine
Also in today’s newsletter, can Europe defend itself without help from the US?Financial Times - 5h
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