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Trump triples tariff that would affect Shein, Temu packages
- President Trump announced a 90% tax on imports valued up to $800, significantly increasing fees and impacting fast-fashion companies like Shein and Temu starting May 2.
- The new postal fee will rise from $25 to $75 per item, increasing further to $150 by June 1, affecting the pricing of products from China.
- Experts suggest that closing the de minimis loophole could result in higher prices and delays for items sold by Shein and Temu.
- Over half of U.S. packages benefiting from de minimis exemptions come from China, according to Reuters.
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Escalating trade war set to raise costs on Shein, Temu
Fast fashion could become more expensive for consumers as China-based retailers like Temu and Shien will no longer be able to ship goods to the U.S. cheaply due to the closing of a tariff loophole. Will this send shoppers to more sustainable fashion brands? NBC News’ Kathy Park reports.
·United States
Read Full ArticleIn France alone, Temu and Shein account for 22% of the packages delivered by La Poste in 2024. The gradual closing of the doors of the American market obliges Chinese companies to set up more
·France
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Total News Sources54
Leaning Left12Leaning Right3Center12Last UpdatedBias Distribution45% Left, 44% Center
Bias Distribution
- 45% of the sources lean Left, 44% of the sources are Center
45% Left
L 45%
C 44%
11%
Factuality
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