Summary of US Crackdown on Cheap Chinese Goods Adds to Temu and Shein Woes
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The US government's plan to tax packages worth less than $800 may impact Chinese e-commerce companies like Alibaba and Temu, which have been shipping hundreds of millions of packages to the US annually. The move threatens to reshape parts of the US retail arena and deflate the excitement that's accompanied the meteoric ascent of bargain bazaars like Temu, Shein and Alibaba's Aliexpress.
yahoo.com / Yahoo! Tech by Layer3.news
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