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Posted by
Two Blokes Apr 28 -
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Stock
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Shein and Temu, two widely popular low-cost Chinese online retailers, have sharply increased their prices for US customers in response to a sweeping new wave of tariffs imposed by President Donald Trump. The tariffs, announced in early April 2025, include a 145% levy on Chinese imports and the closure of the "de minimis" loophole, which had previously allowed goods valued under $800 to enter the United States duty-free.