Chinese market via the Internet since Fast costumes Shin It will raise prices on its products next week, as President Trump suppresses imports of low and sweeping value Definitions Increased expenses of companies known for their low -price offers.
In messages to customers this week that reflect each other, both companies said that it will increase prices starting from April 25, and encouraged shoppers to buy “now at today’s prices.”
“Because of the recent changes in the global trade rules and definitions, our operating expenses have increased. To continue to provide the products you love without prejudice to quality, we will make price adjustments starting from April 25, 2025,” their data says.
Shin and Timo, both of them selling products ranging from games to smartphones, quickly in the United States, is partly due to the exemption of “De Minimis”, allowing them to maintain low prices.
However, their business model was under pressure from a modern executive order signed by US President Donald Trump, who closes the commercial vulnerability that allowed packages of $ 800 from China and Hong Kong to enter the United States to enter duties free. It starts to be executed on May 2.
Get the daily national news
Get the best news a day, addresses of political and economic affairs and current affairs, to your in the inbox once a day.
Temu and Shein did not immediately respond to additional comments requests.
–She participated in Saviata MIRASASEASA reports in Bangaluru; Edit by named Zahid
https://globalnews.ca/wp-content/uploads/2025/04/shein-temu.jpg?quality=85&strip=all&w=720&h=379&crop=1
Source link