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Jun 24, 2025 |
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America One News
19 May 2025
#economy
Le Monde: Shein, China's fast fashion behemoth, hampered by tariffs
Shein, the low-cost clothing e-commerce site, faces challenges in the U.S. due to a 145% tariff on Chinese imports, which threatens its pricing model. Customers may see price increases of up to 377% for some items as the company tries to adjust.
Additionally, the European Union plans to eliminate customs duty exemptions for small parcels by 2026, which could further impact Shein's operations in Europe, where it has a significant customer base.
#sports
GB News: PGA Championship volunteer takes drastic action to retrieve Rory McIlroy's ball as bid for glory collapses
A PGA Championship volunteer made headlines for retrieving a golf ball from Rory McIlroy during his disappointing final round at Quail Hollow. The volunteer, seizing the moment as McIlroy's shot landed in a water hazard, submerged himself to secure the ball, which he later pocketed.
McIlroy's performance, finishing three-over par, surprised many, especially following his recent Masters victory. His struggles were attributed to a last-minute equipment change after his driver was deemed nonconforming, raising questions about its impact on his game.