PDD Holdings Inc ADR
PDD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| hJ% | LOCK|>j!g^ | LOCK|%msgZ#X |
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.
