Nashville, Teen. (AP)-E-commerce sites from its founding ChinaTimo and ShaneSuppose they are planning to raise prices for American clients starting next week, which is a ripple effect ofPresident Donald Trump’s attemptsTo correct the trade imbalance between the two largest economies in the world by imposing a high tariff on goodsShipping from China.
Timo, owned by the Chinese e -commerce company, PDD Holdings, and SHEIN, which is now based in Singapore, said in separate but identical notifications that their operating expenses have risen “due to the recent changes in global trade and tariff rules.”
Both companies said they will make “price amendments” starting on April 25, although no details about the volume of increases. It was not clear why Two competitors to publish barely match Data on their shopping sites.
Since its launch in the United States, Shen and Timo gave Western retailers a tour for their money by offering productsAt very low pricesBesides ice collapses of digital or influential ads.
Trump’s tariff was slapped by 145 % on most products made in China, as well as his decision to finishCustoms exemptionThis allows goods worth $ 800 to enter American fees -free, and has led to the outbreak of business models for the two platforms.
E -commerce companies were the largest user inWidespread. Trump signed an executive order this month to eliminate the “minimum rule” of goodsFrom China and Hong KongStarting May 2, when it is subject to the import tax by 145 %.
Up to 4 million low-value parcels-most of which are emerging in China-to the United States every day under the rule that will be canceled soon.
American politicians, law enforcement agencies and business groups are pressing for a long -term exemption, describing it as a commercial loophole that gave in inexpensive Chinese goods an advantage and worked as a gateway to illegal and fake drugs to enter the country.
Shein sells inexpensive clothes, cosmetics and accessories, primarilyTargeting young womenThrough partnerships with influencers on social media. TEMU, which promotes its goods through online ads, sells a wide range of products, including home tools and humorous gifts andSmall electronics.
In Nov, the American Amazon Giant Electronic Trading A launcherLow cost onlineElectronics, clothing and other products interface at a price of less than $ 20. Several electronics, clothes and other products on the front of the store are similar to the types of elements that are usually on Shein and TEMU.
In their customers’ notifications about increasing the outstanding prices, companies encouraged customers to continue shopping in the coming days.
“We have stored and we are ready to make sure that your orders arrive smoothly during this time,” said Timo’s statement. “We were doing everything we can to keep the prices low and reduce the impact on you.”