Tag #Shein

Showing 49 to 60 of 73 results

euronews.com

🌐 75% Global Worthiness

Feb 7, 07:07

EU Commission Intensifies Shein Probe Under Digital Services Act

The European Commission issued a second request for information to Shein under the DSA on Thursday, following a consumer protection probe launched the previous day, demanding transparency on illegal content, recommender systems, data access, and consumer protection measures. Shein has until February...

EU Commission Intensifies Shein Probe Under Digital Services Act

The European Commission issued a second request for information to Shein under the DSA on Thursday, following a consumer protection probe launched the previous day, demanding transparency on illegal content, recommender systems, data access, and consumer protection measures. Shein has until February...

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What specific risks related to illegal goods, data privacy, and consumer protection prompted the EU Commission to request more information from Shein under the DSA?

The European Commission requested further information from Shein on Thursday, regarding risks associated with illegal content and goods, recommender systems transparency, data access for researchers, and consumer protection measures under the Digital Services Act (DSA). This follows a consumer protection probe launched a day earlier, focusing on the platform's compliance with EU standards.

smh.com.au

🌐 85% Global Worthiness

Feb 6, 04:09

USPS Reverses China Package Ban After Tariff Chaos

The US Postal Service briefly halted, then resumed, package delivery from China due to newly implemented tariffs and the elimination of a duty-free import exemption under \$800, causing significant disruption and highlighting the unpredictable nature of US trade policy under Donald Trump.

USPS Reverses China Package Ban After Tariff Chaos

The US Postal Service briefly halted, then resumed, package delivery from China due to newly implemented tariffs and the elimination of a duty-free import exemption under \$800, causing significant disruption and highlighting the unpredictable nature of US trade policy under Donald Trump.

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How did the pre-existing duty-free loophole benefit companies like Shein and Temu, and what strategies are they employing to mitigate the impact of its removal?

The removal of the \$800 duty-free exemption, which had been in place since 1938, significantly impacts e-commerce companies like Shein and Temu, who heavily rely on this loophole to maintain low prices. This decision, coupled with existing and new tariffs on Chinese imports, forces these companies to absorb increased costs, potentially raising prices for consumers or reducing their profit margins.

cnnespanol.cnn.com

🌐 85% Global Worthiness

Feb 6, 01:10

End of Import Exemption to Hike Prices for Shein and Temu Shoppers

The U.S. is eliminating a decades-old import exemption that allowed packages worth less than \$800 to enter the country tariff-free, resulting in higher prices for consumers who shop on sites like Shein and Temu. This decision has led to a temporary halt in the acceptance of international packages f...

End of Import Exemption to Hike Prices for Shein and Temu Shoppers

The U.S. is eliminating a decades-old import exemption that allowed packages worth less than \$800 to enter the country tariff-free, resulting in higher prices for consumers who shop on sites like Shein and Temu. This decision has led to a temporary halt in the acceptance of international packages f...

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How will the removal of the de minimis exemption affect consumers purchasing goods from Chinese e-commerce sites?

The elimination of the de minimis exemption, a rule allowing imports under \$800 to bypass customs, will significantly increase costs for consumers purchasing from Chinese e-commerce sites like Shein and Temu. This is because increased inspections and tariffs will be applied to each package, resulting in higher prices and slower shipping times.

lemonde.fr

🌐 85% Global Worthiness

Feb 5, 16:14

EU Investigates Shein for Consumer Protection Violations

The European Commission launched an investigation into Shein on February 5th, 2024, for allegedly violating EU consumer protection laws, prompting a pledge of cooperation from the company and raising concerns about the social and environmental impacts of fast fashion. A similar investigation into Te...

EU Investigates Shein for Consumer Protection Violations

The European Commission launched an investigation into Shein on February 5th, 2024, for allegedly violating EU consumer protection laws, prompting a pledge of cooperation from the company and raising concerns about the social and environmental impacts of fast fashion. A similar investigation into Te...

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What are the immediate consequences of the EU's investigation into Shein's alleged violations of consumer protection laws?

The European Commission launched an investigation into Shein on February 5th, 2024, for allegedly violating EU consumer protection laws. This follows a June inquiry and concerns illegal and non-compliant products. Shein, headquartered in Singapore but founded in China, has pledged cooperation.

cnn.com

🌐 85% Global Worthiness

Feb 5, 07:09

Trump's Tariff Changes Could Significantly Increase Prices for Shein, Temu, and AliExpress

The Trump administration eliminated a decades-old de minimis provision that allowed duty-free entry for packages under $800, impacting the low-cost business models of Chinese e-commerce companies like Shein and Temu, raising prices and slowing delivery for American consumers.

Trump's Tariff Changes Could Significantly Increase Prices for Shein, Temu, and AliExpress

The Trump administration eliminated a decades-old de minimis provision that allowed duty-free entry for packages under $800, impacting the low-cost business models of Chinese e-commerce companies like Shein and Temu, raising prices and slowing delivery for American consumers.

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How has the exponential increase in shipments under the de minimis exemption in the past decade contributed to the current policy changes?

The elimination of the de minimis exemption directly impacts the business models of Chinese e-commerce companies that thrived on low costs and tax exemptions. This change increases shipping costs, potentially impacting both businesses' marketing budgets and consumer prices, which will increase between 10-100%. The US Postal Service's temporary suspension of international parcels from China further exemplifies the disruption caused by this policy shift.

cnbc.com

🌐 85% Global Worthiness

Feb 5, 07:10

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

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How did the elimination of the "de minimis" provision and the new tariffs contribute to the USPS's decision?

The suspension of inbound packages from China and Hong Kong by USPS directly impacts Chinese e-commerce giants like Shein and Temu, who heavily relied on the now-eliminated "de minimis" loophole for inexpensive U.S. shipping. This action is a direct result of President Trump's new tariffs aimed at curbing the influx of cheap goods and addressing concerns about illicit imports, disrupting the established distribution channels.

welt.de

🌐 85% Global Worthiness

Feb 6, 16:14

EU Demands Information from Shein Under Digital Services Act

The EU Commission demanded information from Shein, a major online retailer, about illegal goods and recommendation systems, using the Digital Services Act. Failure to comply by February 27th could result in fines.

EU Demands Information from Shein Under Digital Services Act

The EU Commission demanded information from Shein, a major online retailer, about illegal goods and recommendation systems, using the Digital Services Act. Failure to comply by February 27th could result in fines.

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What immediate actions has the EU Commission taken against Shein, and what are the potential consequences for non-compliance?

The EU Commission requested Shein to provide details about illegal goods and recommendation systems on its platform, based on the EU Digital Services Act. Shein must submit this information by February 27th, and failure to comply could result in fines. The company stated it aims to provide a safe online shopping experience.

cbsnews.com

🌐 85% Global Worthiness

Feb 6, 01:10

New Tariffs on Chinese Goods to Increase Prices of Ultra-Cheap Clothing

President Trump's new tariffs on Chinese goods, including a 10% levy and the elimination of a $800 de minimis exemption, are expected to increase prices and cause delivery delays for ultra-cheap clothing from Chinese retailers like Shein and Temu, potentially benefiting competitors like Amazon.

New Tariffs on Chinese Goods to Increase Prices of Ultra-Cheap Clothing

President Trump's new tariffs on Chinese goods, including a 10% levy and the elimination of a $800 de minimis exemption, are expected to increase prices and cause delivery delays for ultra-cheap clothing from Chinese retailers like Shein and Temu, potentially benefiting competitors like Amazon.

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What are the potential long-term impacts of this policy change on the e-commerce market and consumer behavior?

The long-term impact could be a shift in the e-commerce landscape, with domestic companies like Amazon potentially gaining a competitive edge. Consumers may also see a reduction in the availability of ultra-cheap clothing, or a significant price increase, altering consumer behavior and spending patterns.

edition.cnn.com

🌐 90% Global Worthiness

Feb 5, 10:10

US Postal Service Suspends Chinese Parcel Acceptance Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unspecified reasons, impacting e-commerce businesses like Shein and Temu following President Trump's termination of a tax exemption on packages under $800 and new tariffs on Chinese imports, prompting ret...

US Postal Service Suspends Chinese Parcel Acceptance Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unspecified reasons, impacting e-commerce businesses like Shein and Temu following President Trump's termination of a tax exemption on packages under $800 and new tariffs on Chinese imports, prompting ret...

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How does the termination of the "de minimis" exemption contribute to the suspension and broader US-China trade conflict?

The suspension connects to broader US-China trade tensions, including new tariffs and the termination of the "de minimis" exemption, significantly impacting Chinese exporters. This exemption enabled the import of over a billion packages annually, and its removal necessitates individual package inspections, slowing delivery.

cnn.com

🌐 85% Global Worthiness

Feb 5, 07:09

US Postal Service Suspends Chinese Parcel Imports Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unknown reasons, impacting e-commerce giants like Shein and Temu after President Trump terminated the "de minimis" exemption and imposed new tariffs on Chinese imports.

US Postal Service Suspends Chinese Parcel Imports Amid Trade Tensions

The US Postal Service suspended accepting international parcels from China and Hong Kong due to unknown reasons, impacting e-commerce giants like Shein and Temu after President Trump terminated the "de minimis" exemption and imposed new tariffs on Chinese imports.

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What are the potential long-term consequences of this trade dispute for consumers and the global e-commerce market?

This suspension may force Shein and Temu to adapt their business models, potentially raising prices or slowing delivery times. Increased scrutiny of international packages could also lead to longer processing times and higher costs for all importers, impacting consumer prices and the overall e-commerce landscape. The trade conflict's escalation could further disrupt global supply chains.

dailymail.co.uk

🌐 85% Global Worthiness

Feb 5, 07:10

USPS Suspends Parcels from China Amid Trump's Trade War

The U.S. Postal Service temporarily suspended accepting inbound parcels from China and Hong Kong on Tuesday due to President Trump's termination of the 'de minimis' rule, impacting businesses like Shein and Temu which rely on low-cost imports while benefiting larger domestic retailers like Amazon an...

USPS Suspends Parcels from China Amid Trump's Trade War

The U.S. Postal Service temporarily suspended accepting inbound parcels from China and Hong Kong on Tuesday due to President Trump's termination of the 'de minimis' rule, impacting businesses like Shein and Temu which rely on low-cost imports while benefiting larger domestic retailers like Amazon an...

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What are the immediate consequences of the USPS suspension of inbound parcels from China and Hong Kong?

The U.S. Postal Service (USPS) temporarily suspended accepting inbound parcels from China and Hong Kong on Tuesday, impacting businesses like Shein and Temu that rely on low-cost imports. This follows President Trump's decision to end the 'de minimis' rule, eliminating duty-free imports under $800. Letters and 'flats' remain unaffected.

us.cnn.com

🌐 85% Global Worthiness

Feb 5, 10:10

Trump Tariffs Threaten to Hike Prices on Shein, Temu Goods

Trump's reversal of the de minimis provision, a decades-long exemption allowing duty-free entry for packages under \$800, threatens to increase prices and slow delivery of goods from Chinese e-commerce sites like Shein and Temu, impacting over a billion annual shipments.

Trump Tariffs Threaten to Hike Prices on Shein, Temu Goods

Trump's reversal of the de minimis provision, a decades-long exemption allowing duty-free entry for packages under \$800, threatens to increase prices and slow delivery of goods from Chinese e-commerce sites like Shein and Temu, impacting over a billion annual shipments.

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What is the de minimis provision and how will its elimination impact US consumers?

The de minimis provision allowed international packages valued under \$800 to enter the US duty-free, fueling the growth of Chinese e-commerce giants like Shein and Temu. Trump's tariffs eliminated this exemption, potentially increasing costs and slowing deliveries for US consumers.

Showing 49 to 60 of 73 results