
Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole
A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Prices have already gone up. Orders for many imported goods from retailers like Shein and Temu could dwindle as consumers balk at the higher prices…