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Rest of World on MSNMexico’s new tariffs hit Shein — and millions of local resellersThe government hopes the 19% tax will push Asian e-commerce giants to grow their operations in Mexico, and make up for 79,000 ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
The announcement comes as Mexico has cracked down on shipments coming from MercadoLibre's Chinese competitors, such as Temu and Shein, through import tariffs.
Latin American e-commerce giant Mercado Libre announced it will invest US $3.4 billion in Mexico this year, a 38% increase ...
Aiming to appease President Trump, Mexico is hitting China with tariffs, handing cartel leaders over to the United States and ...
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