China's global ecommerce push stalls as Iran war lifts costs, dampens demand

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The business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S. President Donald Trump introduced tariffs and axed customs waivers on low-value parcels last year. Soaring logistics costs stemming ‌from the Middle East ⁠conflict are adding ⁠to the strain, data shows and industry insiders say, with shippers like DHL Express imposing hefty fuel surcharges.