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US-Ukraine Minerals Deal Insights
- The US-Ukraine minerals deal sets up a joint investment fund benefiting both sides with America getting preferential license access.
- It represents a modest but important security and economic partnership amid ongoing conflict.
Tariffs Impact Cheap Chinese Goods
- Trump's tariffs ending the $800 de minimis exemption will raise costs on cheap Chinese goods for US consumers.
- Retailers like Shein and Timu rely heavily on this exemption for direct-to-consumer sales, making the tariffs impactful.
Chinese Retailers Adapt to Tariffs
- Chinese retailers Shein and Timu are shifting headquarters and sourcing beyond China to reduce risks from US tariffs.
- However, moving supply chains is costly and China opposes supplier relocation due to job concerns.