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Temu and Shein say they’re raising prices due to tariffs
The Associated Press - NewsNation -
17/04
Both companies said they would be making “price adjustments” starting April 25, although neither provided details about the size of the increases.
NASHVILLE, Tenn. (AP) — China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a sky-high tariff on goods shipped from China.
Temu, which is owned by the Chine... [Short citation of 8% of the original article]
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