Temu, Shein respond to tariffs by raising prices for American buyers

Chinese e-commerce giants Shein and Temu are raising prices for U. S. shoppers, passing the burden of new tariffs directly onto them as impending tariff implementations unfold. The Trump administration moved to impose high import duties on Chinese imports, ending the “de minimis” exemption, which makes goods worth $800 or less imported to the U. S from […] source: https://www.cryptopolitan.com/temu-shein-pass-tariff-hikes-to-customers/