Tag: MAGGIE BARNETT
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Brands Adjust to Trump’s Tariff Executive Order Targeting Customs Loophole
According to President Trump’s executive order, tariffs on imports from China, Canada, and Mexico have caused market volatility. Reports indicate that the order closes de minimis loophole affecting companies like Shein and Temu, who could face increased costs. As reported by Business Insider, brands are adjusting their prices and supply chains in response. Key Highlights…