Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.

In today's Retail Daily Minute:

• Trump Ends De Minimis Loophole, Impacting Cross-Border E-Commerce – Starting May 2, duty-free imports under $800 will be subject to a 30% tariff or $25 per item—hitting fast-growing players like Temu and Shein and reshaping the U.S. import landscape.
• Klarna Halts IPO Amid Tariff Uncertainty – Klarna pauses its highly anticipated $15B IPO as new trade policies spark investor hesitation, joining other companies like StubHub in waiting out market volatility.
• QVC Launches 24/7 Livestream Shopping on TikTok – QVC partners with TikTok to stream shoppable content non-stop, tapping into a younger audience and redefining social commerce.

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Be careful out there!