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Shein, Temu prices spike as much as 300% due to US tariffs
Chinese e-commerce brands Shein and Temu are raising prices for US customers in response to recently imposed tariffs on Chinese imports.
POPULAR CHINESE E-COMMERCE BRANDS SHIEN AND TEMU ARE INCREASING THEIR PRICES AS A RESULT OF RECENTLY IMPOSED U.S. TARIFFS. AN ANALYSIS OF 14 OF TEMU’S BEST-SELLING ITEMS SHOWS TAXES NOW OFTEN EXCEED THE VALUE OF THE PRODUCT ITSELF, MORE THAN DOUBLING THEIR COST. THESE NEW TARIFFS HIGHLIGHT GROWING TENSIONS IN U.S.-CHINA TRADE RELATIONS AND MAY RESHAPE AMERICAN ONLINE SHOPPING HABITS.
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