Some of China's biggest e-commerce sites are already hurting badly from a new US rule
US President Donald Trump has signed an executive order to end de minimis tariff exemptions for packages up to $800 from China and Hong Kong.
Chinese online retailers retreat as Trump ends de minimis exemption
Shares of PDD Holdings (NASDAQ:PDD), the parent company of online marketplace Temu, JD.com (JD), and Alibaba (BABA) fell ...