Trump Shut the Door on Affordable Chinese Imports, but Temu Discovered an Opportunity.
The Trump administration has recently taken significant steps to eliminate the de minimis trade exemption, a policy that previously allowed low-cost imports to enter the United States without incurring tariffs. This decision has raised concerns for Temu, a Chinese e-commerce platform that has thrived on providing ultra-cheap goods to American consumers. In response to these … Read more