From PC Mag: If you shop on Temu and Shein, expect to pay more soon. In response to Trump's tariffs, both Chinese e-commerce providers plan to raise prices effective Friday, April 25.
The price hikes, announced by Temu and Shein in similar notices, come after President Trump said he would axe the de minimis tax exemption, which allows packages to enter the country duty-free as long as they are valued at $800 or less.
That goes into effect on May 2 for packages from China and Hong Kong. They will be tariffed at 120% or face a $100 postal fee per item, increasing to $200 on June 1. Postal carriers will decide whether to pay the percentage-based tariff or the item-based duty, but the extra costs are expected to be passed down to consumers.
View: Full Article