temu

#TrumpTariffs
Trump Tariff Update (May 2025):

U.S.–China Tariff Truce: 90-day pause, tariffs cut (U.S. to 30%, China to 10%)

Crackdown on Shein/Temu: Duty-free exemption scrapped, 54% tariff on small packages

Film Tariff Threat: Trump proposes 100% tariff on foreign films; De Niro slams move

Canada Feels the Heat: Tariffs spike prices at Loblaw; 6,000+ products to be affected

Markets up, tensions still high.

#Trump
#Tariffs
#TradeWar #Temu

Here’s a Binance Square-friendly version of the news:

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Certain Goods Exempt from Reciprocal Tariffs – What It Means for Global Trade

The White House has announced that some goods will be exempt from the new reciprocal tariffs recently imposed by President Trump. While major import categories face steep tariffs—34% on Chinese goods, 20% on EU products, and 24% on Japanese imports—sectors like pharmaceuticals and semiconductors will be spared.

This move aims to balance trade policies while protecting critical industries. However, businesses in sectors like electric vehicles, seafood, and toys warn that these tariffs could raise costs and impact the economy.

Additionally, the U.S. has ended the "de minimis" tariff exemption, which allowed Chinese platforms like Shein and Temu to ship low-cost goods to U.S. customers without tariffs. Starting May 2, 2025, all shipments from China will be subject to tariffs unless sent via the international postal system.

With these changes, global markets may see ripple effects on trade, crypto, and consumer prices. What’s your take? Could this impact stablecoins, cross-border payments, or crypto adoption in global trade? Drop your thoughts below!

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This version is crypto- and finance-focused, making it more engaging for Binance Square users. Let me know if you want any tweaks!

#Binance #Minimis #stablecin #Shein #Temu

The European Commission has initiated a formal investigation into Temu based on the Digital Services Act (DSA), suspecting that it has failed to comply with multiple obligations.
The investigation focuses on several aspects. In terms of service transparency, Temu has not sufficiently disclosed to users how its product recommendation system operates, such as the specific mechanisms of algorithmic recommendations. Regarding platform design, its interface may mislead users; for example, the 'dark mode' design does not meet the fair design requirements stipulated by the DSA. The traceability of product sources is also poor, as the platform has failed to ensure that merchants can be clearly identified by users, which could facilitate the circulation of counterfeit or dangerous products. Furthermore, Temu has shortcomings in protecting underage users and may not have taken sufficient measures to identify and safeguard this group.
It is noteworthy that Temu was designated as a 'Very Large Online Platform' (VLOP) in April 2024, which means it is subject to stricter DSA obligations, and its parent company is China's Pinduoduo Holdings. If the investigation ultimately confirms that Temu has violated the law, it could face a fine of up to 6% of its global annual revenue.
Next, Temu is obligated to cooperate with this investigation, while the European Commission will continue to review in the future and may require Temu to provide further explanations and make rectifications.
#temu

#BinanceAlphaTop5
hey guys I really need your help please
can you please sign up TEMU using my link please #Temu