DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Shein and Temu Prices Jump Up 377% Due to Tariffs

May 1, 2025
in News
Shein and Temu Prices Jump Up 377% Due to Tariffs
496
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Nothing says “We ain’t friends no more” like a trade war. Ghosting somebody is so 2020. If you really want to hit your former buddy where it hurts, try to ruin them economically.

You may enact sanctions; remember old frenemy Russia, when it briefly looked like Russia and the West were gonna be buds in the ’90s? Or you may just launch a trade war against them overnight.

The Trump administration chose the latter when it enacted tariffs—basically, import taxes paid by people and companies bringing the goods into America, not the target country—on much of the world.

No country was hit as hard as China, which got a 145% tariff on nearly all of its goods. Not only that, but Trump revoked the de minimis that allowed for shipments worth $800 or less to enter the US from China duty free. That hits especially hard at Shein and Temu, which ship eye-wateringly cheap stuff (usually of very low quality) directly to customers from China.

The de minimis revocation takes effect on May 2, 2025. Bloomberg News, however, has been tracking prices of Shein and Temu products and has noticed that they’ve already begun to rise. In some cases, they’ve risen up to 377%.

shein who? Temu what?

Shein and Temu have managed to nail together the addictiveness of social media, the baffling ordeal that was the 1990s’ pop-up internet ads, and that game show, Supermarket Sweep, where people run around as a timer counts down, scooping up “deals” like they were passengers on the deck of the Titanic, if the Titanic were unfettered capitalism itself.

Trump loves tariffs, looking at them fondly as a fix for what ails the American economy. Few people, left, right or center, would disagree that we’ve got an ultimately bruised and twisted economic system that’s skewed from working for most hardworking people.

The White House in April 2025 enacted the strictest tariffs in American history since the Smoot-Hawley Tariff Act, neglecting to mention that most historians argue the Act lengthened the Great Depression by years. Whoops.

Perhaps “Make America Great Again” is short for “Make America Great (Depression) Again.”

The post Shein and Temu Prices Jump Up 377% Due to Tariffs appeared first on VICE.

Tags: SheinTechTemu
Share198Tweet124Share
Rental Apartments Are Sitting Empty for Months
News

Rental Apartments Are Sitting Empty for Months

by Newsweek
May 31, 2025

A new analysis of U.S. Census Bureau figures by real estate company Redfin has found that 49 percent of newly ...

Read more
News

Dog Considered ‘Unadoptable’ After 5 Years In Shelter Unrecognisable Today

May 31, 2025
Middle East

Merz to meet Trump in Washington next week

May 31, 2025
News

Compact Yet Powerful: EMEET Piko+ Dual-Camera 4K Webcam for Streamers and Professionals

May 31, 2025
News

Puzzle Game Madness: ‘Patrick’s Parabox’ and ‘Leap Year’

May 31, 2025
Étienne-Émile Baulieu, Father of the Abortion Pill, Is Dead at 98

Étienne-Émile Baulieu, Who Developed the Abortion Pill, Dies at 98

May 31, 2025
Donald Trump ‘Sanctuary Cities’ List Called Out by Officials: ‘Negligent’

Donald Trump ‘Sanctuary Cities’ List Called Out by Officials: ‘Negligent’

May 31, 2025
What is going on with Justin Bieber?

What is going on with Justin Bieber?

May 31, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.