News

After the Trump administration canceled the “de minimis” exemption on May 2, daily U.S. users of online discounter Temu ...
In an earnings call, Temu's parent company, PDD Holdings, said it would subsidize some merchants to help keep them afloat, ...
New York Magazine on MSN5d
Temu and Shein Might Just Be Screwed
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
U.S. users of PDD Holdings’ global discount e-commerce platform Temu fell by 58% in May, according to market intelligence ...
PDD Holdings' CEO said "radical change in external policy environment, such as tariffs," has put pressure on its merchants ...
Ascannio/Shutterstock, FILE When the 120% tariff initially went into effect on May 2, Temu began adding "local ... analysis by The Budget Lab at Yale, a policy research center.
The Chinese company Temu is making a significant strategic shift in its operations in the United States, following the implementation of a new tariff policy ... went into effect following an ...
Shoppers got a little relief this week from a giant tariff on previously cheap, duty-free goods from China. But the tariffs that do remain are still poised to derail the shopping habits of millions of ...
The de minimis rule exemption took effect in 2016, although similar loopholes have existed for nearly a century since Congress approved the policy ... off these tariffs.” While Temu has ...
Contingency plans aside, experts said that Trump's trade policy will likely continue to fuel higher prices for goods on Temu and ... stockpiled before tariffs came into effect.
Gray noted four out of every five products her store sells are imported from China, and while a “flurry” of orders helped her build up some inventory before tariffs took effect, the company ...
But the tariffs ... trade policy research fellow at the Cato Institute, a libertarian think tank, told CNN. The de minimis exemption had allowed Chinese e-commerce giants like Shein and Temu ...