Commerce

TikTok Shop’s Era of Super Subsidies Is Ending

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The days of buying ultracheap stuff on TikTok Shop may be winding down. Starting today, the fees TikTok charges sellers increase from 2 percent to 6 percent of the price of each order. They will creep up to 8 percent in July. The changes may mark a crucial moment for people who shop on TikTok … Read more

new zealand: India, New Zealand discuss measures to cut trade barriers, promote investor-friendly environment

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India and New Zealand have discussed measures to reduce trade barriers and promote a more investor-friendly environment to boost economic ties, an official statement said on Wednesday. The issues were discussed during the meeting of Commerce and Industry Minister Piyush Goyal and his counterpart from New Zealand Todd McClay on December 19. Both the ministers … Read more