President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.

The Chinese fast-fashion giants will get slapped with a 10% tariff — but the end of a longtime trade loophole could hit them harder.

More question marks have been raised around fast-fashion giant Shein's highly-anticipated London listing after president Donald Trump made a move to close a tax 'loophole' which has allowed the likes of Shein and Temu to sell cheap products while avoiding tax charges.