Browsing: Temu

U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over…

President Donald Trump has slashed the tariff on small parcels sent from mainland China and Hong Kong to the US,…

Nurphoto | Nurphoto | Getty imagesChinese bargain retailer Temu changed its business model in the US as the new rules…

Peter HoskinsBusiness reporterGetty imagesA duty-free loopol for low-value packages is scheduled to be closed by President Donald Trump, which carries…

Faria masoodBusiness Reporter, BBC NewsGetty imagesMajor retailers have welcomed a review of a government’s rule that allows small parcels to…