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Temu shoppers face soaring prices as import fees hit 145%The recent price hikes on Temu are largely attributed to the tariffs imposed by President Donald Trump on Chinese products. These tariffs were part of a broader U.S. strategy to reduce the trade ...
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Temu and Shein face massive tariffs. But don't count them out of the U.S. e-tail scene, experts sayBut despite the new trade challenges that Temu and Shein face, e-commerce and supply chain experts told CNBC that the companies are still capable of competing with their rivals in the U.S. "Don't ...
now face an ad-valorem tax – of 120 per cent of a product’s value – or a per postal item fee of at least $100 starting May 2nd. Temu is requiring customers to pay those levies on top of the ...
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