PDD Holdings Inc ADR

PDD: XNAS (USA)
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PDD Holding: Cutting Valuation by 18% Due to Trade War and Expectation of a Global Slowdown

The US imposed 34% reciprocal tariffs on China. A potential 50% tariff looms if China doesn't withdraw its 34% retaliatory tariffs against the US, but China has declined to comply. The de minimis tax exemption for Chinese exports to the US will end on May 2.

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