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Trump triples tariff that would affect Shein, Temu packages
- Donald Trump announced a significant increase in tariffs on small parcels from China, affecting goods valued under $800 starting May 2, which will face a 30% tax and a minimum duty of $25.
- Tariffs could reach up to 150% after June 1, posing challenges to Chinese e-commerce exporters like Shein and Temu.
- Experts warned that the increased tariffs and the end of the de minimis loophole could limit product offerings for Shein in the U.S. market.
- Influencer Donna Leah expressed concern that the significant price increases could diminish interest in purchasing affordable items from Shein and Temu.
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54 Articles
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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