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Torrid is planning to close up to 180 of its store locations in the US (Picture: Shutterstock) Another popular clothing retailer is set to close nearly 200 locations in the US this year.
Both Shein and Temu, which sells household goods in addition to clothing, anticipated the end of the de minimis exception. They are a djusting their business strategies.
Temu on Friday said it has stopped shipments of cheap goods from China to the US as President Trump axed a trade loophole that allowed the fast-fashion giant to sidestep tariffs and customs checks.
Temu adds ‘import charges’ after Trump’s tariffs Because the new tariffs would be more costly than the products themselves, Temu is adding “import charges” on Chinese imported goods.
Chinese online retailer Temu, known for its ultralow prices, is hitting U.S. customers with hefty import charges due to President Donald Trump's trade war.
The fast fashion brands, known for selling particularly cheap clothes, cosmetics and accessories, are contending with the 145% tariff Trump slapped on most products made in China.
China-founded e-commerce sites Temu and Shein said they plan to raise prices for American customers starting next week, a consequence of US President Donald Trump's sky-high tariffs on goods shipped ...
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