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Benzinga

Business

Kaustubh Bagalkote

Temu Resumes Direct China-US Shipping, Increases Ad Spend Following Trump Trade Truce That Cuts Chinese Tariffs

Donald Trump Temu United States China FT Washington D.C. Beijing

Temu shutterstock_2297594373

Amazon.com Inc. (NASDAQ:AMZN) rival bargain ecommerce platform Temu has resumed direct shipments from Chinese factories to U.S. consumers and boosted advertising spending after a trade truce between Washington and Beijing reduced tariff pressures.

Trade Agreement Enables Shipping Recovery

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