India, April 9 -- With former President Donald Trump reviving his tough stance on China - and this time, he's not pulling any punches. A fresh wave of tariffs, including an eye-popping 104% duty on certain Chinese imports, is shaking up e-commerce platforms like Temu and Chinese giants like Alibaba. So, what's next for your online shopping cart and the stock market?
Let's start with Temu, the viral shopping app known for jaw-droppingly cheap goods shipped straight from China. It's been using the "de minimis" loophole, which allowed duty-free imports under $800. But that door just slammed shut. Trump signed an executive order ending the de minimis exemption, meaning Temu's entire business model could be in trouble. And the price-it could ...
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