Chinese E-commerce Stocks Slump as Trade Loophole Closes - Barron's
1. Trump's new tariffs on Chinese imports negatively impact Chinese e-commerce stocks. 2. Tariffs increase to 10%, affecting lower-value imports previously exempt from tariffs. 3. The de minimis loophole closure can hinder companies like JD and Temu. 4. In 2023, over one billion de minimis packages entered the U.S., affecting sales. 5. U.S. exporters, including Amazon, will face similar challenges with heightened tariffs.