Temu stops shipping products from China to U.S. Shoppers

By: fxleaders|2025/05/03 07:00:02
0
Share
copy
Temu, a Chinese discount retailer, altered its business strategy in the United States when the Trump administration’s new regulations on low-value shipments went into effect on Friday. Temu has changed its app and website to show listings for products shipped from the United States-based retail establishments. Items that were previously all over the website and shipped directly from China are now marked as out of stock. Temu established a reputation as a destination for extremely low-cost goods coming straight from China. The de minimis rule, which permits low prices, has allowed duty-free entry into the country for goods valued at $800 or less since 2016. Temu has been forced to raise prices, halt its aggressive online advertising campaign, and now change the range of products available to American consumers to avoid higher levies because of the end of de minimis and Trump’s new 145 percent tariffs on China. According to a Temu representative, local vendors now handle all US sales, which are completed “from within the country.” Temu stated that prices for US consumers “remain unchanged.” The company’s spokesperson said Temu has been actively recruiting US sellers to join the platform.” The change is intended to assist neighborhood retailers in expanding their clientele and growing their enterprises. Customers who tried to buy Temu products shipped from China before the change were met with “import charges” ranging from 130 percent to 150 percent. The fees more than doubled the price of many orders and often cost more than the individual item. Temu claims “no import charges” and “no additional charges upon delivery” for local goods.

You may also like

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com