China’s Shein, Temu to lose key US advantage starting April 25

Shein and Temu are poised to increase prices in the US market starting April 25 due to new trade policies enacted by former President Trump. These policies include a significant tariff on Chinese goods and the elimination of the duty-free exemption for low-value imports, impacting their business model.

China’s Shein, Temu to lose key US advantage starting April 25
Shein and Temu are poised to increase prices in the US market starting April 25 due to new trade policies enacted by former President Trump. These policies include a significant tariff on Chinese goods and the elimination of the duty-free exemption for low-value imports, impacting their business model.