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Shein and Temu face growing U.S. political scrutiny over alleged forced labour and intellectual property theft. Texas Attorney General Ken Paxton has launched a probe into Shein, while Senator Tom Cotton called for federal investigations into both companies. Shein pledged cooperation, while Temu has yet to respond.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Online retailers Shine and Temu are under growing U.S. pressure as senior politicians
00:07call for investigations into forced labor and possible intellectual property theft,
00:12according to the BBC. Texas Attorney General Ken Paxton opened an investigation into allegations
00:17of forced labor, hazardous materials, and deceptive marketing at Shine.
00:22Senator Tom Cotton also urged federal authorities to probe possible intellectual property theft
00:27at both platforms. Cotton said heightened customs rules created an opening for enforcement
00:32and accused the companies of selling counterfeits and deceptive fakes.
00:37Shine said it would cooperate with the Texas investigation,
00:40while Temu did not immediately respond for comment.
00:42For all things money, visit Benzinga.com.
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