Then came the U.S. tariffs on Chinese goods, leading Shein to take a time out while it examines the effect of the new levies on its business. “At the start of the year, there was real optimism for a cyclical rebound in IPOs,” Mike Jacobs, a partner specializing in capital markets at law firm Herbert Smith Freehills, told Bloomberg. According to a recent PYMNTS Intelligence report, “Tariffs and Business Uncertainty: The Current State of Play,” many companies remain wary of what impacts tariffs could have, with most fearing upheaval with their supply chains.
Author: PYMNTS
Published at: 2025-05-11 21:07:13
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