As a U.S. tax loophole ends, the apparel makers that sell to America are forced to consider alternative markets or cheaper locations in and outside China.
Tag: Shein (Fashion Label)
How Trump Might Unwittingly Cut Emissions From Online Shopping
Fast fashion retailers rely heavily on shipping by air. The president’s tariffs could change that.
Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
Biden Administration Ratchets Up Tariffs on Chinese Goods
The administration moved to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
Your Friday Briefing: Top U.S. Court Rules Against Affirmative Action
Also, more protests in France and a backlash at Shein.
TikTok, Shein and Other Companies Distance Themselves From China
Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
Your Monday Briefing: Europe’s Energy Protections
Plus Chileans vote on a new constitution and rickshaws lead India’s electric vehicle transition.