Tariffs Are Bitter Tea for Manhattan’s Chinatown
- The Chancellor announced plans to strengthen the UK economy against cheap imports following US President Donald Trump's tariffs on Chinese goods, now reaching 145%.
- Rachel Reeves stated that today's package will help businesses compete fairly, addressing concerns about low value imports benefiting foreign companies over local stores.
- Chinatown businesses are facing heightened pressure from tariffs leading to rising prices and fears of survival, with local shop owners expressing dire concerns about their future.
- Vincent Zhao mentioned the trade war's impact on his business, stating that prices will fluctuate and urging others not to stockpile amid growing uncertainties in the market.
14 Articles
14 Articles


Reeves set to close loophole to stop UK becoming dumping ground for China
The Chancellor has bowed to calls to act over a tax loophole amid warnings the UK risks becoming a dumping ground for cheap Chinese goods. Retailers say current rules allow the likes of online giants Shein and Temu to dodge import duties by sending parcels direct from their factories to customers’ homes. GettyReeves has bowed to calls to act over a tax loophole amid warnings the UK risks becoming a dumping ground for Chinese goods from online gi…


Reeves moves to block cheap imports undercutting British high street
The Chancellor announced the move amid the fallout from Donald Trump’s tariffs.
Tariffs Are Bitter Tea for Manhattan’s Chinatown
On a recent Tuesday, an employee at Heng Xing Grocery in Chinatown was busy crossing items off an invoice as two deliverymen wheeled in boxes of dried goji berries, red dates and bamboo leaves. Each box had three words in common: “Product of China”.Bags, bins and jars of medicinal plants and dried seafood lined the shelves from top to bottom throughout the small store — most of them imported specialties that are difficult to find outside of Chin…


The Sevillian Masaltos.com will sell her shoes in Shein and Temu
Both Asian platforms invite the Andalusian company, which thus increases its international presence by having access to a market of 500 million consumers all over the world Masaltos.com will sell its shoes in the store the
UK set to change rules on cheap imported goods
The UK government has announced it will review the rules around low-cost imports to ensure that products entering the country meet local safety and ethical standards.The post UK set to change rules on cheap imported goods appeared first on Retail Insight Network.
Temu under fire: Nigerian shoppers voice trust concerns over Chinese E-Commerce giant
New entrant Temu, the ambitious Chinese e-commerce platform that stormed the Nigerian market in November 2024 with aggressive marketing and ultra-low prices, is already grappling with significant trust issues among its Nigerian customer base. A survey conducted by the News Agency of Nigeria (NAN) in Lagos on Thursday uncovered a rising tide of complaints regarding the platform’s offers and services. The NAN survey, which included interviews with…
Coverage Details
Bias Distribution
- 75% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage