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RE: LeoThread 2025-02-07 13:28

in LeoFinance6 days ago

Part 3/8:

In a significant economic maneuver, President Trump recently announced a 10% tariff on Chinese exports, directly impacting major e-commerce sites like Shein and Temu. These companies, which relied on government subsidies for lower shipping costs, experienced a drastic downturn in their stock values shortly after the announcement. Although the U.S. Postal Service temporarily suspended inbound packages from China and Hong Kong, it later reversed this decision, though the e-commerce platforms remain at a disadvantage.