Temu is including “import prices” of round 145% in response to President Donald Trump’s tariffs on items shipped from China, CNBC reports.
The charges price greater than the merchandise that U.S. customers are shopping for, and in some instances are greater than doubling the value of a regular order. For instance, CNBC discovered {that a} summer season costume bought on Temu for $18.47 will price $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 a couple of 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 choice to finish a customs exemption that had allowed items below $800 to enter the U.S. duty-free, has disrupted the enterprise fashions of each platforms.