According to the Associated Press, Temu and Shein are planning to raise prices for U.S. customers from April 25 due to tariffs on items shipped from China, which have been reported by President Donald Trump’s tariffs.
Trump’s decision to end the 145% tariff on products made in China and the customs exemption that allowed items under $800 to enter US tax exemptions disrupt the business models of both platforms. Almost 4 million plots, most of which are from China, enter the US daily under the exemption that closes soon, according to the report.
Shein and Temu have gained huge popularity in the US over the past few years due to their platform’s discount prices and influencer ads.
The Wall Street Journal reported last year that Amazon views Shane and Tem as a greater threat than retailers like Walmart and Target. In November, Amazon launched Amazon Haul. AmazonHaul is a storefront offering mass-produced and discounted items to undertake Shein and Temu.
Shein and Temu encourage customers to continue shopping. Businesses say they do what they can to ensure that orders arrive on time and minimize the impact on shoppers.
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