Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein […]

Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer […]

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