Fast fashion retailer Shein is weighing a restructuring of its U.S. operations as U.S. President Donald Trump's tariffs on Chinese imports threaten to jeopardize its London IPO, the Financial Times reported on Wednesday.

Shein is exploring ways to restructure its US business in the event the Trump administration sticks with punitive tariffs on Chinese imports, which have jeopardised its plans for a London stock market flotation.

Low-cost apparel retailer Shein is exploring ways to restructure its business in response to new tariffs, including the diversion of U.S. market manufacturing to countries outside of China, according to the FT.