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Temu's Threat To U.S. Retailers Will 'Continue To Weaken' After Tariff Hit: Analyst
investors.com/news/technology/pdd-stock-temu-tariff-hit-morgan-stanley-note/?src=A00220
Customer engagement with the hit shopping app Temu has "declined significantly" in the face of President Donald Trump's 145% tariffs on Chinese goods, analysts with Morgan Stanley said Wednesday. Parent company PDD Holdings (PDD) stock was lower Wednesday as investors scrutinized how the…
This story appeared on investors.com, 2025-05-07 17:05:30.