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import duties

  • Reeves delays Shein import clampdown to 2029

    Retail

    Rachel Reeves will wait four years before scrapping a controversial tax break that benefits low-cost foreign retailers such as Shein and Temu, hitting British high street chains who had pushed for immediate action in next week’s Budget. The chancellor has confirmed she will abolish the UK’s ‘de minimis’ rule, which exempts parcels worth under £135 [...]

    Hong Kong's bourse is the third stock exchange Shein has suggested listing on

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