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Temu stops shipping products from China to the U.S.
Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis
Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. CNBC reports that Temu was affected as well, with U.S. shoppers seeing “import charges” between 130% and 150% added to their bills. “The move is designed to help local merchants reach more customers and grow their businesses.”
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