May the great competitive advantage of Chinese Shein and Ago Be their cheap prices, but the two giants of online retailers will be forced to accurately accommodate their products sent to the US.
Shein and Temu informed their customers in the US that from next week their products will be more expensive because of Donald Trump’s duties in China. As a reason, the two companies have said that their operating costs have increased due to duties and will necessarily adjust their prices since April 25, cutting bad mandates for their tens of millions of US customers.
It was such the Breakthrough of Chinese businesses in the US market that forced Amazon to launch a new Haul platform last November, selling products at prices under $ 20.
The cause of the cost of the two companies is on the one hand, the duties in China by 145%, and on the other hand, the abolition of tariffs for shipments of less than $ 800.
Since the duties, shein and Temu have seen their applications fall abruptly.
The Temu is now the 75th application with the most free downloads to the American Apple Store while Shein is in 58th, from number 15 in March.