Published 1 year ago • loading... • Updated 1 year ago
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.
In 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