#trade-loophole-impact

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www.cnbc.com
2 months ago
Tech industry

Temu and Shein's soaring popularity has Wall Street eyeing China's influence on tech earnings

Temu and Shein surpassed popular apps on Apple App Store in just 17 days after launch, leading to increased competition for U.S. e-commerce giants.
The rise of discount shopping apps from China, like Temu and Shein, is impacting the U.S. e-commerce industry, potentially due to a trade loophole. [ more ]
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