Shein alerts on Trump tariff effects

Shein reported a loss in the first quarter of 2026, attributing it to U.S. trade policies that ended the de minimis exemption for Chinese goods, increasing tariffs on Chinese products. The company's U.S. revenue fell by 14.3% compared to the previous year, as tariffs of 10% to 87.5% now apply to Chinese-origin products shipped to the U.S. Shein plans to offset higher costs by raising prices and facing regulatory and market pressures amid ongoing scrutiny.

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