Amid concerns that US retailers may raise prices due to tariffs, American shoppers are flocking to Chinese e-commerce apps in search of affordable handbags and yoga pants, pushing apps such as Chinese ...
The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China.
In the days since President Trump announced he was increasing tariffs on Chinese imports to 145%, on April 10, a Chinese e-commerce app called DHgate has soared to the top of Apple’s U.S. App Store.
In a striking twist of e-commerce trends, Chinese online marketplace DHgate has surged to the top of the U.S. Apple App Store rankings, just as trade tensions between the U.S. and China escalate. Once ...