PDD Stock Plunges After Earnings. Temu Has a Trump Tariff Problem. - Barron's
1. PDD's earnings missed expectations, prompting a significant stock drop. 2. Trump's tariffs on Chinese goods continue to pressure PDD's profit margins. 3. Closing of the de minimis loophole further impacts PDD's logistics costs. 4. Weak consumer sentiment also contributed to the disappointing financial results. 5. PDD's profits fell 47% year-over-year, below analyst forecasts.