Shein swings to $99m loss as Trump tariffs hit sales
Shein is a big clothing company. It sells clothes quickly and cheaply. Shein is losing money now. It lost $99 million. This is because of tariffs. Tariffs are extra costs when selling in other countries. The tariffs come from the time when Donald Trump was president. These tariffs make it hard for Shein to sell clothes.
Shein wants to be on the stock market. It plans to do this in Hong Kong. The stock market is where people buy and sell parts of companies. Being on the stock market can help Shein get more money. This is important for Shein because it is losing money now. Shein hopes to do better in the future.
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