Article 6WZ8S Chinese e-commerce exports to US plummet by 65% in face of tariffs

Chinese e-commerce exports to US plummet by 65% in face of tariffs

by
Lisa O'Carroll
from Economics | The Guardian on (#6WZ8S)

Temu and Shein among fast-fashion sites affected by drop in first three months of this year but sales in rise to EU

Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump's trade war, as shipping from China to the EU has increased.

Official Chinese data showed its total e-commerce shipping to the US dropped 65% by volume in the first three months of the year, but rose by 28% in Europe.

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