Trade court lets Trump end duty-free entry for sub-$800 parcels
Why it matters: The ruling preserves tariffs on low-value shipments used by Shein and Temu and raises costs for some small importers.
CNBC, The Straits Times +1
Subject
#Shein
H&M missed Q2 profit estimates as leaner stock levels curbed sales
What's new: Operating profit was 5.91 billion crowns versus a 6.38 billion-crown analyst forecast, and H&M expects June sales to be flat.
Bloomberg, The Business Times (Singapore)