Donald Trump’s staggering tariffs on Chinese imports have hit nearly every category of consumer goods, from electronics and automobiles to clothing and footwear. One of the most vulnerable industries is the ultracheap e-commerce sites like Shein, Temu, and AliExpress that American shoppers have become accustomed to. It is already showing signs of a bloodbath.
Last week Shein and Temu warned shoppers that price increases were coming on April 25th. A spot-check of prices on Shein show modest…