The United States has made trouble again, pushing for legislation to ban Temu

Mondo International Updated on 2024-02-28

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The United States plans to restrict TEMU, and lawmakers are pushing.

Temu sellers need to pay attention and pay attention to prevent risks. Recently, U.S. lawmakers planned to restrict the import of goods from their highly discounted e-commerce **Temu** through an import ban, which led to the share price of Pinduoduo (PDD) Holdings**.

The U.S. reportedly continues to smear Temu for its inadequacy in preventing its merchants from using forced labor, and therefore calls for an import ban on all goods sold by Temu. The move has sparked concerns among investors about the headwinds faced by China's top retailers, which Yahoo Finance Live has delved into.

There have been similar incidents before, and TikTok Shop has withdrawn all stores due to Indonesian law. We also need to keep an eye on the risks in the United States.

PDD Holdings' share price came at the time of the event, a reaction related to the news from US lawmakers about restricting the import of temu. Calls for an import ban on temu stem largely from accusations that its merchants use forced labor.

The United States has been committed to preventing the rise of China, but it is not willing to make in China with high quality and low price.

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Pinduoduo has risen rapidly in recent months, outpacing rival Alibaba, a Chinese e-commerce company, largely due to its focus on aggressive international expansion, butcher-like bargaining, and lavish advertising and subsidy spending. However, the U.S. is wary of the actions of Chinese companies, believing that it may involve human rights issues. The call for restrictions on temu once again underscores the continued focus of the United States** on regulating corporate behavior in China.

In the U.S. Congress, Republicans and Democrats seem to agree on the China issue, believing that China poses the greatest risk.

For companies doing business in China, there may be a certain degree of ambiguity in their vision of the China ** chain.

Despite this, U.S.-based retailers and manufacturers continue to rely on imports from China. The U.S. move to impose import restrictions on temu has sparked market unease, reflecting the continued concern of the U.S. about the behavior of Chinese companies.

However, among the American people, the sober ones are in the comment area, and in the comment area, it was pointed out:

Not only Temu, but also Huawei, Douyin, or Gazprom, suggest that the United States does not support competition on the basis of fair play. Instead, it operates with a colonialist mentality, using all available means to suppress competition. In the 21st century, we need something different. We can't continue.

The external expansion of Chinese e-commerce companies has been inevitable, relying on a large number of Chinese-made products, perfect first-class chain resources, and first-class domestic and foreign transportation integration, irresistible advantages, is expanding globally. Of course, the risks of cross-border e-commerce are not only products, inventory, and logistics express, but also national policies and political trends in various places.

The future competition is definitely not alone, it is the integration of resources, it is the integration of products - operation - logistics, and even after-sales, local services and other aspects of resource integration, resources and products can pay attention to foreign trade plus, to foreign trade plus to provide their own advantages, we will strive to help everyone continue to integrate, make it easier to go to sea.

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