U.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Trump had just been elected U.S. president for a second term and fears of a heightened trade war were soon realised, with U.S. tariffs on many Chinese goods rocketing to 145% by April 2025.

The company is pursuing a Hong Kong IPO while deepening its commitment to manufacturing in southern China. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Trump had just been elected U.S. president…