Fast-fashion giant Shein has put preparations for its London float on ice while it calculates its response to Trump's tariffs ...

The tariff on small packages worth up to $800 (£606) have been cut from 120% to 54%, according to a White House statement.

More than 350 Forever 21 stores throughout the U.S. are expected to be closed by Thursday, May 1 after the company filed for bankruptcy in March.

According to the Financial Times, the Chinese-founded firm is considering a major overhaul of its US operations ... by marketplaces like Shein and Temu, which send individual packages to customers ...

All of Forever 21's 354 leased stores in the U.S ... cost of operations, including the cost of inventory, distribution, transportation and employee wages, Stephen Coulombe, co-chief restructuring ...

This landmark move makes UPS the first major U.S ... operations, making UPS more agile and resilient in a volatile global trade environment. Investors responded positively to the restructuring ...