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Shein And Temu Will Raise Prices Tomorrow Amid Trump Tariffs—What To Know [Forbes]
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after President Donald Trump imposed hefty tariffs on China, though it's unclear which products will get more expensive, or by how much. Key Facts Shein and Temu said in nearly identical notices to customers this week they would increase prices on goods, though they did not specify how much more expensive certain items would become. Both retailers attributed their impending price increases to Trump's tariffs on U.S. imports, which both companies said have caused their operating costs to rise. Both Shein and Temu primarily produce goods in China, Trump's biggest tariff target, which now faces a total tariff rate of 145% and has demanded that Trump drop the steep tariffs. Sales for both Shein and Temu spiked after Trump announced his tariffs policy, Bloomberg reported last week. Forbes has reached out to Shein and Temu for comment. How Have Consumers Reacted To Shein And Temu's Price Increases? Consumers have largely flocked to Shein and Temu because of their extremely l
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