Shein, Temu Prices Spike 377% Amid New Tariffs

The U.S. has implemented significant new tariffs targeting Chinese imports, including the closure of the 'de minimis' tax exemption that allowed packages under $800 from China to enter duty-free. As a result, major Chinese e-commerce platforms like Shein and Temu have already begun raising prices for American consumers, with some products reportedly increasing by up to 377%. These policy changes, spearheaded by President Trump, were intended to protect American manufacturers and address concerns over unfair trade practices, but studies and companies warn that the burden largely falls on U.S. consumers and businesses through higher prices and reduced inventory. The tariffs and end of the de minimis exemption have disrupted supply chains and forced companies to pass on increased costs, affecting a wide range of goods from strollers to power tools. While the administration argues the move will help rebalance trade and curb illicit goods, critics note the immediate impact is higher household costs for Americans.