Your T-shirts, dresses and cheap-market favorite devices from Shein and Temu have become more expensive because of President Trump’s prices.
Friday, Chinese web retailers increased prices to compensate for a price of 120% to which their goods will be submitted at the end of May 2 of the exemption from Minmis, which allowed the retailers to import goods worth less than $ 800 to the United States without paying prices.
Friday, two terrace chairs registered on the TEMU site were marked up to $ 70.17, against $ 61.72 earlier, according to CNN. A swimsuit set on Shein cost $ 8.39 on Friday – an increase of 91% compared to $ 4.39 Thursday, according to the report.
Prices often fluctuate online, and TEMU and Shein price increases were not consistent in their entire range of products. An intelligent ring sold on TEMU, for example, was about $ 3 cheaper on Friday than Thursday.
TEMU, in an online note, also said that its operating expenses had increased due to “recent changes in global trade rules and prices”.
“To continue to offer the products you like without compromising quality, we will make a price adjustment from April 25, 2025,” said TEMU.
Shein and Temu did not immediately respond to requests for comments from the position.
Last week, the two retailers warned customers to collect products before the prices – warning that the price increases were on the way.
Trump signed an executive decree earlier this month by targeting the escape, which also allowed Chinese companies to bypass normal customs checks.
In addition to taxing additional goods, the end of the Minmis rule will also put articles with low value under a microscope at the entrance at the borders – forcing American customs officials to seek random 1 million additional packages per day.
This could help prevent dangerous or defective products from going to American customers.
But the closure of the escape will also have an impact disproportionately to low -income Americans, who spent more than triple their share of income on the richest households in 2021, according to a report by the commercial company in the world, on the basis of data from the Bureau of Labor Statistics.
Low -income Americans look more at sites like Shein and TEMU, with 48% of the packages sent under the minimis threshold to the poorest postal codes, according to UCLA research and Yale economists.
Only 22% of these packages went to the richest postal codes in the United States.
