Articles from Caixin Global, Caixin Global

Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

Articles from Caixin Global

News from Caixin

Thematic (Sector/Industry)

China Consumer discretionary distribution and retail / Thematic (Sector/Industry)

<ul><li>The sweeping U.S. tariff policy targeting low-value parcels from China has upended cross-border e-commerce operations, forcing platforms such as Temu and Shein to pull fully managed listings and scramble to rework their logistics strategies.</li><li><strong>PDD Holdings Inc.</strong>’s Temu, a pioneer of the full-consignment model — where goods are shipped directly from China to American buyers — now lists only “local warehouse” or semi-managed products on its site and app. Fully managed items are marked “out of stock,” and one Temu seller told Caixin their U.S. storefront was automatically suspended by the platform.</li><li>The disruption follows Donald Trump’s presidential order, signed on April 9, imposing harsh tariffs on small parcels from the Chinese mainland and Hong Kong. The directive mandates either a 120% ad valorem duty or a $100 flat fee per package, with the latter set to double to $200 from June 1.</li></ul>

The sweeping U.S. tariff policy targeting low-value parcels from China has upended cross-border e-commerce operations, forcing platforms such as Temu and Shein to pull fully managed listings and scramble to rework their logistics strategies.PDD Holdings Inc.’s Temu, a pioneer of the full-consignment model — where goods are shipped directly from China to American buyers — now lists only “local warehouse” or semi-managed products on its site and app. Fully managed items are marked “out of stock,” and one Temu seller told Caixin their U.S. storefront was automatically suspended by the platform.The disruption follows Donald Trump’s presidential order, signed on April 9, imposing harsh tariffs on small parcels from the Chinese mainland and Hong Kong. The directive mandates either a 120% ad valorem duty or a $100 flat fee per package, with the latter set to double to $200 from June 1.

China’s E-Commerce Giants Adjust Prices as U.S. Tariffs on Low-Value Parcels Bite