Get the latest tech news
US Shoppers Pay for Trump Tariffs on Temu, Doubling Some Prices
Discount Chinese retail app Temu appears to be passing on nearly all of Donald Trump’s new import taxes to US consumers, more than doubling the cost of some products in a move that may add to concern about the inflationary impact of tariffs.
Discount Chinese retail app Temu appears to be passing on nearly all of Donald Trump’s new import taxes to US consumers, more than doubling the cost of some products in a move that may add to concern about the inflationary impact of tariffs. Previously exempted from any levies under the so-called ‘de minimis’ rule, parcels priced up to $800 now face an ad-valorem tax — of 120% of a product’s value — or a per postal item fee of at least $100 starting May 2. PDD Holdings Inc.-owned Temu is requiring customers to pay those levies on top of the original cost of the goods.
Or read this on Bloomberg