Global Trade and Business

Chinese retail giant Shein facing an existential threat from Trump tariffs

Groups of urban villages on the outskirts of the Chinese southern metropolis Guangzhou count fast fashion retailer Shein as so key to their fortunes, locals regularly call themselves residents of “Shein villages”. Shein has quickly become a retail giant in recent years, now selling over $30bn worth of goods annually. The Chinese company’s model has been built on cheap prices and convenient […]
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Trump to impose sweeping tariffs, escalating global trade tensions

U.S. President Donald Trump was expected to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, risking cost increases and likely drawing retaliation from all sides.  By Reuters news coverage Details of the tariff plans, styled by Trump as America’s “Liberation Day”, were still being formulated ahead of a White House Rose […]
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