News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
U.S. Ends Tariff Waiver for Low-Value CN Parcels; Temu’s CN-Direct Shipments Virtually Vanish
The U.S. tariff exemption for low-value Chinese parcels ended today (2nd) Eastern Time, the Wall Street Journal reported. According to Geekbi data, prices for some products on Pind...
Reset
Send
The window will close in 5 seconds
U.S. Ends Tariff Waiver for Low-Value CN Parcels; Temu’s CN-Direct Shipments Virtually Vanish
Close
Recommend
5
Positive
5
Negative
5
 
 

The U.S. tariff exemption for low-value Chinese parcels ended today (2nd) Eastern Time, the Wall Street Journal reported. According to Geekbi data, prices for some products on Pinduoduo (PDD.US)      's Temu platform and fast-fashion platform Shein soared 40-100%.

Goods shipped directly from China on Temu have largely disappeared, with the platform now only displaying items marked as local or import-fee-free, report said. Meanwhile, Shein still offers China-shipped goods, but tariff impacts are no longer separately listed in prices.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsUS Treasury Secretary: Onus To Be on CN to Eliminate Tariffs; Tariffs May Cost CN 10M Jobs

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.