News

Good morning. Shein is raising US prices on some goods with kitchen towels being especially hard-hit. China lowers its tax threshold for visiting foreigners. And coconuts are getting more expensive.
Online giant Shein had grown big in large part thanks to the so-called “de minimis” rule, which allowed them to ship low cost goods to the U.S. free of all duties. That loophole will now close ...
Your favorite T-shirts, dresses and cheap appliances from Shein and Temu just got pricier because of President Trump’s tariffs. The Chinese web retailers on Friday hiked prices to offset a 120% ...
China-founded e-commerce sites Temu and Shein, which offer goods at an extreme bargain, have announced plans to raise prices for American consumers starting next week. The announcements were made ...
In separate but similar statements, Temu and Shein recently announced they will start hiking prices on Friday because trade barriers have "increased our operating expenses," with both vowing to ...