Temu and Shein Plan to Raise Prisis for Us Customers Starting Next Week on APRIL 25th, Due to President Donald Trump’s Tarifs on Goods Shipped From China, The Associated press Reports.
The 145% tariff on products made in China, Along with Trump’s Decision to End a Customs Examption That Had Allowed Goods Under $ 800 to Enter the Us Duty-Free, HASSRUPTED THE BUSNES MODELS MODELS MODELS MODELS MODELS MODELS MODELS MODELS Platforms. The report says Nearly 4 Million Parceels, Most of Them from China, Enter the Us Every Day Under This Soon-to-Be-ENDED Examption.
Shein and Temu has gained significant popularity in the us over the past few years due to the platforms’ discount pricing and influencer advertising.
The Wall Street Journal Reported Last Year That Amazon Now Sees Shein and Temu as Bigger Threats to its business than retailers like walmart and target. In November, Amazon launched Amazon haulA storefront that offers mass-produled and discounted items to take on Shein and Temu.
Shein and Temu are encouraging customers to continue shopping. The companies say they will ensure orders Arrive on time and are doing what they can to minimize the impact on shoppers.