Shein and Temu are preparing to raise their prices in the US. In almost the same notice to customers, the ultra-cheap retailers warn that they will start adjusting their prices on April 25th due to changes to “global trade rules and tariffs.”
President Donald Trump has raised tariffs on goods imported from China to up to 145 percent, with the administration noting this week that tariffs on some imports, like electric vehicles, could reach up to 245 percent when added to existing levies.
Source
