Doomsday for Temu, Shein? U.S. Regulations Choke Chinese E-commerce, Plugging Small Package Gap
On Friday, September 13th, Chinese e-commerce giants Shein and Temu faced what could be described as their own “Black Friday.” The Biden administration announced new measures to limit duty-free entry of low-value goods into the U.S. This effectively closes a loophole that platforms like Temu, owned by Pinduoduo, and Shein have taken advantage of for years.
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