American consumers are concerned about potential price increases for products from Shein and Temu as a result of reinstated China tariffs under policies initiated by former President Trump. These tariffs close a loophole that previously allowed small-parcel imports to enter the U.S. duty-free. Retailers like Shein and Temu, known for their affordable offerings, may need to adjust prices to account for the added costs. Chinese exporters are exploring ways to mitigate the impact of these tariffs, which could significantly affect their competitiveness in the U.S. market. Despite the looming tariff, both brands have seen a surge in U.S. sales ahead of the changes.
— new from The New York Times