Asia shrugs off Trump’s new tariff threat
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So, using the 54% ad valorem duty as an example, the import tariff on your $20 dress would be $10.80 – costing you $30.80 in all. Of course, the May 12 modification comes with the usual disclaimer: It will stay in effect "unless and until otherwise modified by a subsequent executive action."
Third-party sellers that fulfill orders through the e-commerce giant’s network may stand to gain as the fast fashion giants face heightened tariffs.
Starting in 2027, the U.S. will end de minimis exemptions for all countries, as part of President Trump's sweeping One Big Beautiful Bill Act that was signed into law on July 4.
More and more companies are confirming price hikes as President Trump's tariffs are poised to take effect -- most recently, a popular smart lighting brand.
Temu says it has launched a local warehouse in South Africa, allowing it to provide shoppers much faster delivery times. The direct-from-China online marketplace tags items available from its South African warehouse as “local”, with delivery times of under two days, including next-day delivery.
Overall, 34% of surveyed shoppers report responding to tariffs by delaying purchases, hoping to wait out the uncertain price environment. Meanwhile, 28% have pushed up purchase timelines to get ahead of levies, according to the survey data, which was collected in May and early June.
In recent months, Shein and Temu—two of the most popular online shopping platforms—have faced a critical moment as new trade policies spearheaded by President Donald
Investing.com -- Chinese bargain shopping site Temu has restarted its advertising campaigns on Meta Platforms (NASDAQ: META) and Google (NASDAQ: GOOGL) in the United States, ending a months-long pause in digital marketing spending, according to The Information.
From household staples to Barbies and bargain leggings at Target, prices on everyday items are already rising due to President Trump's tariffs, CNBC reported. And with some imports now facing
Have agency holdcos put too many eggs in the AI basket?; Temu has come back to us now at the turn of the tariff tide.
Temu’s U.S. demand continues to deteriorate amid ongoing trade policy changes, according to a new note from Morgan Stanley.