Reports indicated that the Trump administration is exploring adding Chinese e-commerce platforms Shein and PDD’s Temu to the ‘forced labor’ list.
According to the Reuters report, both companies denied the use of forced labor.
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China increased tariffs by 10% to 15% on certain U.S. imports, including coal, liquified natural gas, crude oil, agricultural machinery, and vehicles.
The Asian country imposed export restrictions on key minerals like tungsten, tellurium, bismuth, molybdenum, indium, and their related metallic compounds.
Goldman Sachs‘ Andrew Tilton noted China is imposing an additional 12% tariff on $14 billion in U.S. goods, compared to the U.S. implementing a 10% tariff on $525 billion worth of Chinese products.
Meanwhile, China retaliated with the emergence of the open-source artificial intelligence platform DeepSeek R1, which was developed under $6 million and reportedly outperformed leading U.S. models like those from OpenAI.
PDD Stock Prediction For 2025
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: PDD stock traded lower by 3.35% to $110.51 premarket at the last check on Wednesday.
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