Americans love Shein, Temu and AliExpress for two reasons: low prices and fast shipping. Trump’s tariffs could change that. His tariff orders reversed a long-standing shipping loophole: the de minimis ...
The removal of the provision, which benefitted fast-fashion retailer Shein and the marketplace Temu, could lead to higher prices and delays for shipments.
These are tricky times for PDD, the Chinese company behind the low-cost online shopping platform Temu. PDD's Nasdaq-listed shares dropped Wednesday, and had been even lower in premarket trading. A day ...