Earlier this week, Temu increased prices and added “import charges” ranging from 130% to 150% on products shipped direct from China.
Related Posts
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.
Microsoft CEO Nadella forms new AI group to build and run apps for customers
In a memo to employees on Monday, Microsoft CEO Satya Nadella said former Lacework CEO Jay Parikh will lead a new a group focused on […]