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In response, China-founded e-commerce sites Temu and Shein announced plans to raise prices for U.S. customers. "It should be a wake-up call for consumers," said Alexandre Padilla, the chair of the ...
When President Trump ended a tariff exemption for small packages from China and Hong Kong, e-commerce companies Shein and Temu lost a big advantage as they became exposed to Trump’s new sky-high ...
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% ...
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