An executive order imposes tariffs on small-value shipments from China that were previously exempt from duties.

Trump will stop the tax break for retailers like Shein. It could change the way we shop - The days of getting low cost goods from brands like Temu could be numbered

FAST-FASHION giant Shein’s £50billion London listing is on shaky ground as investors assess the impact of hefty Trump tariffs. A month ago, boss Donald Tang finally confirmed the worst kept secret

Experts say be prepared to wait longer and pay more for almost everything you order online with new tariffs and the end of a tax exemption for low-value Chinese imports.

Despite uncertainty around tariffs, the NRF gives a positive projection for retail growth in 2025 with expectations that inflation will remain at current levels.