Govt probing whether Shein is exploiting tariffs | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The government remains concerned about allegations Chinese fast-fashion platform Shein is exploiting customs duty loopholes to bring goods into the country on an industrial scale using tariff structures intended for small amounts of goods.

Trade, Industry and Competition Minister Ebrahim Patel told News24 on Monday these types of practices created an"unfair playing field" and could result in"massive job losses".

This comes after the department confirmed in March that an investigation into Shein was underway as parts of business and labour in SA sounded the alarm. There were concerns that Shein, which was established in 2008, could use tax loopholes to undercut local retailers and manufacturers.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in BE

Belgique Dernières Nouvelles, Belgique Actualités