Trump hits pause on blocking trade loophole. Temu parent's stock gains.
Portfolio Pulse from
The U.S.-listed shares of PDD Holdings rose after the Trump administration paused its efforts to close a trade loophole, allowing shipments under $800 to avoid tariffs and scrutiny.
February 07, 2025 | 10:30 pm
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PDD Holdings' stock increased as the Trump administration paused its plan to close a trade loophole, benefiting the company by allowing shipments under $800 to avoid tariffs.
The decision to pause the closure of the de minimis exemption directly benefits PDD Holdings by allowing its shipments under $800 to continue avoiding tariffs, positively impacting its stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90