Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday.
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Recent Posts
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Trump’s China tariffs are raising costs for wedding dresses and threatening the small shops that sell them
The higher duties on bridal gowns and special occasion dresses have raised costs for boutiques and designers across the country.
Small Packages From China Are Now Subject to US Tariffs. Here’s What to Know
President Donald Trump has ended the de minimis exemption, which previously allowed Temu, Shein, and other online retailers to send packages from China to the US valued under $800 duty-free.
From Bunge’s Viterra deal to Shein’s IPO: US-China trade war derails major cross-border deals
Trade tensions between the US and China are delaying Bunge’s Viterra deal and disrupting Shein’s IPO plans as other major listings also stall.
Potential spies? Spotlight on Chinese returnees in the job market
There are spies among overseas returnees, and I don’t know who is and who isn’t,” says the company chairperson. Read more at straitstimes.com. Read more at straitstimes.com.
China Moves to Counter Bessent’s Encirclement Plan
President Xi Jinping’s government is showing signs of increased sophistication when it comes to geo-economic strategy. In an effort to avoid isolation by the White House in the global trading system,
Temu will stop sending ultra-cheap goods straight to the US after trade loophole crackdown
US shipping as the $800 ‘de minimis’ duty-free import rule ends. Expect higher prices.
China Is Now Dumping U.S. Dollars – Here’s Why It Matters
Is China launching economic warfare by dumping U.S. dollars? In this video, Jaspreet Singh breaks down China’s escalating financial moves against the U.S. including offloading U.S. debt and …
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
Warren I. Cohen, leading scholar of U.S.-China relations, dies at 90
A preeminent expert on diplomatic history, he illuminated the complex, evolving American relationship with Asia.
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.
China’s tentative property rebound looks wobbly as Trump’s tariffs bring a wave of doubt
I honestly don’t know where the bottom is,’ dismayed homebuyer says as trade tensions threaten to swamp a nascent recovery For Shanghai resident Kong Jiongjiong, a missed opportunity meant the …
China’s Temu Stops Shipments to US Amid Trump Trade War
The move comes after the U.S. government eliminated the use of the “de minimis” rule for Chinese goods amid Trump’s tariff war.