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Trump closes door on cheap Chinese fashion loophole, now facing steep 90% duties or $75 per item - forcing retailers like ...
President Trump’s escalating trade war presents a hard reality for businesses in New England that depend on imports and a ...
Temu, known for offering rock-bottom prices on a rage of goods, may be the latest company to feel the pinch from President Donald Trump's broadening tariff on international goods. Considering that ...
While each de minimis package is small, they’ve been shipped in massive quantities to the US by online discount marketplaces like Shein and Temu.
The announcement sent shares of PDD Holdings — the owner of Temu — plunging 6% in after-hours trade on Nasdaq. The stock closed 2.6% lower at $119.07 apiece on Wednesday. Shares of Alibaba ...
A South African woman named Nontobeko shared a funny TikTok video comparing what she ordered on Temu to what she actually received While happy with most items, like sweatpants and a handbag ...
But after a pandemic-fuelled boom in demand, the business faced an unsettling reality. Rising costs ... Nova Tissue turned to online marketplace Temu - and the team has never looked back.
(Reuters) - PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts ...