Temu adds 'import charges' of about 145% after Trump tariffs, more than doubling price of many items
Publishing timestamp: 2025-04-28 16:15:10
Summary
Chinese e-tailer Temu has started adding "import charges" to customer orders in response to President Donald Trump's tariffs on China, with fees ranging between 130% and 150%. This has led to significant price increases for consumers, eroding the value proposition that made Temu popular in the U.S. Shein has also hiked prices but is not implementing import charges. The move comes after Trump imposed a 145% tariff on many imports from China, leading to price adjustments by these e-tailers. Customers are expressing frustration over the sudden price hikes and import charges.
Sentiment: NEGATIVE
Keywords: trade, business, donald j. trump, donald trump, retail industry, business news, politics, walmart inc, united states, pdd holdings inc, breaking news: business, target corp, tariff, amazon.com inc, breaking news: politics,
Source: https://www.cnbc.com/2025/04/28/temu-adds-import-charges-after-trump-tariffs.html