Temu’s owner sheds billions in value over fears Trump’s trade crackdown will curb U.S. appetite for China-shipped goods
The elimination of the so-called de minimis trade rule could wreak havoc on Temu, Shein, and other direct-from-China ...
This loophole let Temu and Shein become giants – Trump has just closed it
The online retailers will have to pay import taxes to send small packages directly from their factories to American consumers ...
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Amazon and Temu's owner sees stock-market pressure as U.S. Postal Service to stop accepting Chinese parcels
Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.
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Trump hits pause on blocking trade loophole. Temu parent's stock gains.
The U.S.-listed shares of Temu parent PDD Holdings Inc. finished higher Friday after the Trump administration pulled back on its effort to close a so-called de minimis exemption that lets ...
Shopping on Shein, Temu could get costlier as U.S. ends trade loophole
Americans may have to pay more when shopping on low-cost e-commerce platforms like Shein, Temu, AliExpress and Amazon (NASDAQ ...
Trump Targets Loophole Temu, Shein Used to Take On Amazon
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNew York’s First ‘Passive ...