The Ultra-Fast fashion retailer Shein and Chinese online marketplace Temu will increase prices next week because new tariffs from US President: in Donald Trump are raised to clothing and shoes to limit cheap imports.
Since the tariffs increase the expenses for the companies, Temu and Shein gave explanations to their customers this week: inside, in which they announced that they would increase the prices from April 25, and encouraged consumers to make a purchase now so that they could benefit from the “prices today”.
Since both Chinese companies offer a wide range of affordable products, from clothing and shoes to accessories, toys and more, their popularity in the USA has risen, since Shein and Temu have long benefited from the “de-minimis” exception that made it possible to introduce them to the US To maintain retail prices.
However, this cost advantage is now in danger, since a recently signed implementation regulations signed by Trump will close these trade gaps from May 2, which is pressure on your business model and on the many other fashion brands and retailers: inside.
The prices on Shein are currently varying strongly-dresses cost between six and $ 91. Dresses on Temu vary even more, namely between $ 2.48 and $ 210.
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