Shein, Temu prices spike as much as 300% due to US tariffs

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1. Chinese e-commerce giants Shein and Temu are raising prices for U.S. shoppers following newly imposed tariffs on Chinese imports. Beginning May 2, imports from China valued under $800 — once exempt under the “de minimis” rule — are now subject to a tax amounting to 120% of the product’s value, or a minimum of $100 per shipment. Both Temu and Shein have started passing these new import costs onto customers. A review of 14 top-selling Temu products shows that, in many cases, the new taxes now surpass the value of the products themselves, more than doubling their overall price.

2. Are they raising prices or passing on the import tariffs to their customer? Because if they are passing on the costs, its the US Government ‘raising prices’.

3. Taxing these particular companies more highly honestly is probably a good thing for American society. 

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