Temu will stop sending ultra-cheap goods straight to the US after trade loophole crackdown
The e-commerce giant Temu is ceasing direct shipments from China to the US due to the closure of a trade loophole, resulting in expected higher prices.
At a housewares expo in Chicago, talk keeps turning to price hikes from tariffs
Housewares industry faces challenges from new tariffs affecting imports from Canada, Mexico, and China, potentially raising consumer prices and squeezing margins.
