Forever 21 says it can't compete with e-commerce companies that send small packages without paying tariffs via the "de minimis" exemption.
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
The Associated Press on MSN15d
Forever No More. Operator of mall staple Forever 21 files for bankruptcy protectionForever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies.
1monon MSN
President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from ...
A range of firms who would have otherwise priced above the tax notch lower prices, implying a source of terms of trade gains for the country imposing de minimis. The empirical analysis identifies the ...
It’s been 11 days since President Donald Trump hit pause on an executive order suspending de minimis treatment for shipments originating in China. And while the move has given shippers ...
The de minimis exemption will temporarily remain in place for products from Canada and Mexico even when U.S. tariffs on those countries take effect Tuesday. The exemption, which allows U.S ...
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