Amazon Rival PDD Holdings' Temu Halts China To US Shipments Amid Trump's 145% Tariffs: 'Actively Recruiting US Sellers'

Quick Summary:

Items previously shipped directly from China are now labeled “out of stock,” marking a dramatic shift for a company that built its U.S.presence on ultra-cheap goods shipped directly from Chinese suppliers.“Temu has been actively recruiting U.S.sellers to join the platform,” a company spokesperson told CNBC.“The move is designed to help local merchants reach ...

Chinese bargain retailer Temu has abruptly stopped shipping products directly from China to U.S.consumers as it confronts President Donald Trump‘s 145% tariffs and the end of a key import loophole that took effect Friday.

What Happened: The e-commerce platform owned by PDD Holdings Inc.(NASDAQ:PDD) has pivoted to displaying only products shipped from U.S.-based warehouses on its website and app, reported CNBC.

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Article Details

Author / Journalist: Tanya Rawat

Category: Technology

Markets: United StatesChina

Topics: Tech Markets Import charges Emerging Markets Temu De minimis Regulations Equities Benzinga neuro PDD AMZN Benzinga US0231351067 Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 10:37:14 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 493 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28395623

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