Temu and Shein, popular online retail platforms, will raise their product prices in response to increased operating expenses caused by recent tariffs and trade rules implemented by President Trump. Both companies plan to increase prices starting April 25, 2025, encouraging consumers to buy before the hike. The changes stem from a crackdown on low-value imports, closing loopholes that allowed certain packages from China and Hong Kong to enter the U.S. duty-free, significantly impacting their low-cost business models.
Due to recent changes in global trade rules and tariffs, our operating expenses have gone up. To keep offering the products you love without compromising on quality, we will be making price adjustments starting April 25, 2025.
Both firms said they will be increasing prices starting April 25, and encouraged shoppers to purchase "now at today's rates."
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