Prices have surged as the costs of the Trump’s tariffs are passed along to consumers.
Chinese fast-fashion giant Shein hiked its prices for American customers by up to 377 percent in order to offset the costs of Donald Trump’s tariff war.
In what looks to be an early indication of how the Trump administration’s escalating tariffs will impact consumers, data Bloomberg compiled shows astronomical markups on the retailer’s most popular items, which took effect on Friday night.
The average price for Shein’s top 100 beauty and health products surged by 51% overnight, with many items more than doubling in cost. Home and kitchen goods rose by an average of 30%, while women’s clothing increased by a more modest 8%.
In fairness, Shein and Temu can fuck right off. When the raise prices 377%, they make the worst shit China has to offer more expensive, and that's a good thing.
Temu has a lot of overlap with standard, decent items you will find at large online retailers. They just cut out a few middlemen.
And they didn't really raise prices, they just priced in the tariff costs so buyers aren't surprised during the customs period.
PS this is going to hit all imports from China. It's just going to take longer to be so obvious due to the need to empty warehouses first.