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Amazon Rival PDD Holdings' Temu Halts China To US Shipments Amid Trump's 145% Tariffs: 'Actively Recruiting US Sellers'

Summary

Chinese bargain retailer Temu has abruptly stopped shipping products directly from China to U.S. consumers as it confronts President Donald Trump's new 145% tariffs and the end of a key import loophole that took effect Friday.

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Article published on May 5, 2025 by benzinga