Discount consumer-goods sensation Temu believes the risks of tying its outlook to the U.S. are too great. The Chinese-owned app is shifting its expansion priorities elsewhere even after gaining spectacular popularity with American consumers. The WSJ’s Raffaele Huang and Shen Lu report that TikTok’s troubles with the U.S. has Temu, owned by China’s PDD Holdings, concerned about a similar backlash. The strategic turn comes less than two years after Temu became the U.S.’s second-most popular shopping app after Amazon. It will echo across the airfreight sector, which has seen Temu and rival Shein boost trans-Pacific air cargo volumes. Temu is already facing compliance concerns, including allegations of selling products made with forced labor, and lawmakers accuse Temu and Shein of taking unfair advantage of tariff exemptions. Now, instead of building fulfillment centers in the U.S., Temu is looking to establish one warehouse in Mexico that would fill U.S. orders.

• South Korea's government signed an agreement with Temu and Alibaba's AliExpress to enhance the monitoring of potentially harmful products. (Korea Times)
• A new report says workers for some Shein suppliers are still working 75 hours a week, despite the company promising to improve conditions. (BBC)
• The National Retail Federation has refused to allow Shein to join the Washington trade group. (CNBC)

A global battle between the U.S. and China over raw materials supply chains is playing out at copper mines in Zambia. The Biden administration is talking to investors from countries viewed as friendly to U.S. interests about a stake in a business held by First Quantum Minerals that could be worth as much as $3 billion. The WSJ’s Julie Steinberg reports that the stakes are higher for Washington and other countries, as they try to keep the mines out of Chinese control and prevent the Asian superpower from tightening its grip over the global supply of crucial metals and minerals. The bidding is part of a global rush to acquire more copper, a key component in items including electric cars and the data centers that power the AI revolution. For the U.S., the frenzy highlights the importance of a yearslong effort to ensure supplies critical to the green-energy transition.

• Anglo American said it plans to unload several assets as part of a turnaround effort after rejecting a sweetened takeover offer from rival BHP that valued the mining company at almost $43 billion. (WSJ)
• An industry group says global demand for platinum will exceed supply by about 6% this year. (Financial Times)
• Supply chain executives in a survey cited availability of raw materials and extended delivery times by commodities suppliers as among their biggest concerns. (Supply Chain Management Review)

Nine of 10 compliance professionals in a survey say cybersecurity risks in their supply chains rose over the past year. (WSJ)

Apollo Global Management will invest more than $11 billion in an Intel chip plant in Ireland. (WSJ)

Cash-strapped electric-vehicle maker Fisker secured about $3.5 million in additional financing through short-term notes. (WSJ)

Pharmaceutical manufacturer Sanofi will spend about $1.1 billion to increase production capacity in France. (WSJ)

A series of planned explosions broke apart the wreckage of the Key Bridge outside Baltimore so that the Dali containership can be freed. (Baltimore Sun)

Asian governments are increasingly taking action to stop the decline of their currencies against the U.S. dollar. (Nikkei Asia)

Workers at an Amazon warehouse outside Montreal voted to unionize. (Montreal Gazette)

Panama Canal transits rose in April to the highest level in seven months amid improving water levels. (Dow Jones Newswires)

Clarksons Research says shipyards delivered a record 317,000 20-foot equivalent units of containership capacity in April following record deliveries in the first quarter. (TradeWinds)

Australia plans to phase out the country’s dwindling but controversial live animal exports​ within four years. (Maritime Executive)

Private-equity firm Starwood Capital and other investors are proposing to take over Asian warehouse developer ESR Group. (South China Morning Post)

Nike struck a 20-year agreement for a 1.3 million-square-foot logistics campus in the U.K.’s East Midlands region. (Logistics Manager)

U.K. competition regulators began an investigation of GXO’s acquisition of British logistics provider Wincanton. (Motor Transport)

The U.S. Postal Service plans to raise rates for its Parcel Select service by an average of 25% in July. (Supply Chain Dive)

Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on X at @WSJLogistics.