Temu is including “import prices” of round 145% in response to President Donald Trump’s tariffs on items shipped from China, CNBC reviews.
The charges value greater than the merchandise that U.S. shoppers are shopping for, and in some instances are greater than doubling the value of a regular order. For instance, CNBC discovered {that a} summer time gown offered on Temu for $18.47 will value $44.68 after $26.21 in import prices.
Shein has additionally hiked costs, however isn’t implementing an import cost, it seems.
The strikes come just a few weeks after Temu and Shein warned that they have been going to lift costs for U.S. clients beginning April 25 in response to the tariffs.
The 145% tariff on merchandise made in China, together with Trump’s determination to finish a customs exemption that had allowed items underneath $800 to enter the U.S. duty-free, has disrupted the enterprise fashions of each platforms.
