Temu makes desperate move to win back frugal customers
The popular Chinese online marketplace has made a harsh decision in response to a major threat.
Temu, a Chinese online marketplace that became popular for selling a wide variety of products priced between $1 and $50, has recently made some drastic decisions to dodge the negative impact of President Donald Trump’s tariffs.
Tariffs are taxes companies pay to import goods from overseas, and the extra cost is often passed down to consumers in the form of price increases.
