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Trump hits pause on blocking a trade loophole. Temu parent’s stock gains.

February 7, 2025

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Trump hits pause on blocking a trade loophole. Temu parent’s stock gains.

The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its effort to close a so-called de minimis exemption that lets shipments worth $800 or less avoid tariffs and U.S. Customs and Border Patrol scrutiny.

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