TikTok Deal Stalled Amid US-China Trade Tensions The ongoing saga of TikTok’s potential spinoff of its US operations seems to have hit a significant roadblock. Talks that were in progress to separate the popular video-sharing app’s US arm from its Chinese parent company, ByteDance, have come to a standstill. The reason behind this sudden halt? […]
Temu, Shein See US Sales Drop After Trump Targets China Trade
Temu, Shein See US Sales Drop After Trump Targets China Trade The recent move by President Trump to eliminate the exemption of customs duties on parcels under $800 from China has sent ripples through the retail industry. Companies like Temu and Shein, known for their affordable and trendy clothing options, have seen a significant drop […]