Procuring on Temu for objects at discount costs has been a pleasure for a lot of prospects for the reason that e-commerce big launched within the US in 2022, however the commerce insurance policies just lately instituted by President Donald Trump have put that relationship at main danger.
On the finish of April, Temu raised costs and added “import fees” that have been typically greater than the price of the merchandise themselves. Clients balked, site visitors to Temu plummeted and gross sales dropped significantly. The import fees and value will increase adopted the Trump administration’s revocation of the “de minimis” exemption, which beforehand allowed items beneath $800 to enter the US from mainland China and Hong Kong duty-free.
Now, Temu is taking a special tack. The corporate has stopped delivery merchandise from China to US prospects. As a substitute, all gross sales to consumers within the US at the moment are managed by “regionally based mostly sellers,” with orders fulfilled domestically to maintain costs low.
“Temu’s pricing for US customers stays unchanged because the platform transitions to an area achievement mannequin,” a Temu consultant mentioned in a press release to CNET. “Temu has been actively recruiting US sellers to affix the platform.”
To see precisely how the US tariffs are altering the costs of on a regular basis merchandise, take a look at the CNET tariff pricing tracker
Which Temu objects are impacted by US tariff guidelines?
As a result of Temu stopped delivery to the US and commenced fulfilling orders from regionally based mostly sellers, not one of the merchandise on the Temu web site are affected by the brand new US tariff guidelines proper now.
When US warehouses run out of Temu stock, nevertheless, delivery could start once more, and if the present tariffs and de minimis scenario with Chinese language items stays, the worth hikes are prone to be important. Shein, an identical Chinese language e-commerce platform situated in Singapore, could possibly be an indicator of what may occur to Temu.
Shein has adjusted its costs in varied notable classes. Health and beauty merchandise have seen a median enhance of 51%, whereas house and kitchen items a rise of 30%. A current survey of 300 ladies’s clothes objects by the Washington Submit discovered that costs have been greater by a median of 43%.
In keeping with The Each day Beast, a kitchen towel’s value jumped from $1.28 to $6.10 (377% enhance) and a meat shredder rose from $2.91 to $9.02 (219% enhance).
These adjustments are a part of a broader pattern the place US consumers are dealing with rising prices on imported items. The elimination of the “de minimis” rule together with the imposition of upper tariffs has disrupted the enterprise fashions of those fast-fashion retailers, resulting in elevated costs for customers.
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