More questions have been raised around Shein’s London listing after president Trump made a move to close a tax ‘loophole’ that has allowed the likes of Shein and Temu to sell cheap products while avoiding tax charges.
Both Shein and Temu have relied on the ‘de minimis rule’, which allows imports valued under $800 (£645) to enter the US duty-free by shipping small orders directly to consumers, a rule Trump has promised to scrap.