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Federal Reserve Board Governor Milan delivered a speech
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[Shein Raises US Prices Due To Higher Import Duties] Fast-fashion Retailer Shein Has Significantly Increased Prices For Its US Customers, Citing Higher US Import Duties Attributed To Donald Trump. Prices For Some Items Rose Up To 377%, While Top Beauty And Health Products Increased By 51%, Home And Kitchen Items By 30%, And Women's Clothing By 8% On Average. The Removal Of The "de Minimis" Exemption For Small Shipments Also Contributed To Increased Costs For The Company.

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