Shein, Temu Raising Prices Amid Trump’s Tariff Crackdown - Beritaja

Chinese online marketplace Temu and fast-fashion retailer Shein will raise prices connected their products adjacent week arsenic President Trump’s crackdown connected low-value imports and sweeping tariffs summation expenses for the companies known for their low-priced offerings.

In letters to customers this week that reflector each other, some firms said they will beryllium expanding prices starting April 25, and encouraged shoppers to acquisition “now astatine today’s rates.”

“Due to caller changes successful world waste and acquisition rules and tariffs, our operating expenses person gone up. To support offering the products you emotion without compromising connected quality, we will beryllium making value adjustments starting April 25, 2025,” their statements read.

Shein and Temu, some of which waste products ranging from toys to smartphones, person grown quickly successful the U.S. acknowledgment successful portion to the “de minimis” exemption enabling them to support prices low.

However, their business exemplary has travel nether unit from a caller executive bid signed by U.S. President Donald Trump that closes the waste and acquisition loophole which allowed packages worthy little than $800 from China and Hong Kong to participate the United States free of duties. The bid goes into effect connected May 2.

Temu and Shein did not instantly reply to requests for further comments.

—Reporting by Savyata Mishra successful Bengaluru; Editing by Tasim Zahid

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