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Shein, Temu announce price increases starting next week as a result of Trump tariffs
A pair of popular Chinese fast-fashion e-commerce retailers say they’re increasing prices next week as a result of tariffs imposed by President Donald Trump on Chinese imports. Shein and Temu, rival companies, announced the decision in similar statements issued this week, according to the Associated Press.
In nearly identical letters to customers this week, the two companies said they will be increasing prices starting April 25.
Amazon launched a competitor to Temu in November, called Amazon Haul, which features items under $20 that are largely from ...
The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers.
Specifically, that President Trump’s heavy tariffs on China are very bad news for a couple of Chinese online retailers, including TEMU, undercutting competitors here in the U.S. — and related to that, ...
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