{"id":18624,"date":"2026-07-27T02:48:38","date_gmt":"2026-07-27T02:48:38","guid":{"rendered":"https:\/\/8657085.xyz\/?p=18624"},"modified":"2026-07-27T02:48:38","modified_gmt":"2026-07-27T02:48:38","slug":"shein-swings-to-99m-loss-as-donald-trumps-tariffs-hit-sales","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=18624","title":{"rendered":"Shein swings to $99m loss as Donald Trump&#8217;s tariffs hit sales"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">Shein says it swung to a quarterly loss as its sales slowed after US President Donald Trump removed an import duty exemption on small packages.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It also comes as uncertainty remains over the tit-for-tat US-China tariffs wars, which is currently paused.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The fast-fashion giant, which has its headquarters in Singapore but was founded in China, said it lost $99m (\u00a374.1m) in the first three months of the year, compared with a net income of $395m a year earlier.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The announcement is part of the firm&#8217;s preparations ahead of its stock market debut in Hong Kong, although the filing did not give any details on the size, timetable or pricing of the planned initial public offering (IPO).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;In response to the increased duties and taxes, we are pursuing a wide range of options, including increasing our prices in the US market to offset a portion of the increased costs,&#8221; Shein said in the filing.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The company also said the Iran war had hit demand, increased costs and caused delays of deliveries in some markets.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The first-quarter figures also partly reflected a paper loss of $328m due to an accounting change for special investor shares. The shares can be turned into ordinary stock later, and their value can change before a listing.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The filing showed that in the year to the end of March 2026 Shein had 281 million active customers &#8211; a rise of more than 16% on a year earlier &#8211; who placed a total of more than one billion orders.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">On 10 July, the China Securities Regulatory <!-- -->Commission (CSRC) gave Shein approval for a Hong Kong share sale after failed attempts to list in New York and London.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Hong Kong share listing is expected to take place in the coming months.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The figures show the impact of a Trump-signed executive order to end a global tariff exemption that had been used by US shoppers of low-cost goods.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">That order, which came into effect on 29 August 2025, broadened an earlier presidential action which specifically targeted cheap products from China and Hong Kong to cover the rest of the world.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The so-called de minimis exemption had allowed goods valued at $800 or less to enter the US without paying any tariffs. US consumers relied on the exemption to buy cheap goods from online commerce sites like Shein and Temu.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The White House said the global exemption was being used to &#8220;evade tariffs and funnel deadly synthetic opioids&#8221; to the US.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;The removal of the US de minimis exemption has had an adverse impact on our sales in the US and the overall growth of our net revenues,&#8221; Shein said in the filing.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier in July, the European Union imposed a \u20ac3 (\u00a32.56; $3.42) levy on low-value e-commerce imports.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The measure is aimed to curb what the trading bloc has said is unfair competition from China.<\/p>\n<\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; grid-template-columns: 728px 160px; 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