TikTok staffers say its US e-commerce business is slumping amid high tariffs
CFOTO/Sipa USA via Reuters Connect.
- US sales on TikTok Shop are slumping, company employees told BI.
- The drop-off stems in part from fewer sales from foreign sellers in the wake of new US tariffs, they said.
- Temu, Shein, and other e-commerce firms are also scrambling to adjust to US tariffs on China.
Trump's tariffs are taking a toll on TikTok.
The company's e-commerce business, TikTok Shop, is off to a slow start in the US this year, four staffers...