Why did Trump double steel tariffs to 50%?
How will doubled tariffs impact global supply chains?
What caused weak US private sector job growth?
Why did Wells Fargo’s Federal Reserve cap get lifted?
How is Meta powering AI with nuclear energy?
What led to layoffs in Bay Area tech sector?
Why is Tesla’s China EV sales declining?
Temu loses more than half its daily U.S. users as ‘de minimis’ loophole ends
theglobeandmail.com/business/article-temu-pdd-holdings-de-minimis-trump-tariffs-china
Daily U.S. users of PDD Holdings’ PDD-Q global discount e-commerce platform Temu fell by 58% in May, according to market intelligence firm Sensor Tower, one of many headwinds the e-retailer is facing amid a U.S.-China trade war. Temu decided to slash ad spending in the U.S. and shift its…
This story appeared on theglobeandmail.com, 2025-06-02 20:33:18.