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Thursday May 8 2025

Shein and Temu already pay duties: their sales in United States are plummeting

8 May 2025 09:00 (UTC+04:00)
Shein and Temu already pay duties: their sales in United States are plummeting

Chinese e-commerce giants Shein and Temu are scaling back sales in the North American market as rising tariffs and new trade regulations disrupt their low-cost business models. At the same time, major U.S. retailers are bracing for potential price hikes across various product categories, Azernews reports.

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