Temu and Shein to raise US prices from next week over Trump’s tariffs

China-founded e-commerce sites Temu and Shein say they plan to raise prices for US customers starting next week, a ripple effect from US President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a sky-high tariff on goods shipped from China. Both companies said they would be making “price adjustments” starting on April 25, although neither provided details about the size of the increases. It was unclear why the two rivals posted almost identical statements on their shopping sites.

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