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Snapshot 2:Wed, May 28, 2025 7:40:58 AM GMT last edited by Mr Bot

Temu Owner PDD's Profits Plunge Amid US-China Trade Tensions

Temu Owner PDD's ChineseProfits ownerPlunge seesAmid profitsUS-China plungeTrade as trade war bitesTensions

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The Spin

The implementation of stricter trade policies addresses legitimate concerns about unfair competition and tax avoidance. Chinese e-commerce platforms have long exploited the de minimis loophole to flood the US market with ultra-cheap products, undermining domestic retailers and raising questions about fair trade practices. The new tariff structure helps level the playing field for American businesses.


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