Posted: Monday, July 14, 2025. 1:36 pm CST.
By Zoila Palma: U.S. President Donald Trump’s revived trade war has triggered steep new tariffs on Asian imports, including a 30% hike on goods from Vietnam and penalties targeting low-cost retailers Temu and Shein.
The moves temporarily disrupted Temu’s U.S. operations and removed tax exemptions on low-volume international shipments, CNBC reports.
While both companies have scaled back direct shipping from China, experts say the impact may be short-lived.
With U.S. warehouses and flexible supply chains, Temu and Shein may regain their footing — especially as price-sensitive consumers seek cheaper alternatives during economic uncertainty.
Both companies are adapting by shifting strategies, with Temu already planning to resume direct-to-consumer shipping by late July.
Their future in the U.S. may depend on what happens after the current tariff pause ends in August.
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The post International News: Temu and Shein retreat amid Trump tariffs, but may not be down for long appeared first on Belize News and Opinion on www.breakingbelizenews.com.
Posted: Monday, July 14, 2025. 1:36 pm CST. By Zoila Palma: U.S. President Donald Trump’s revived trade war has triggered steep new tariffs on Asian imports,
The post International News: Temu and Shein retreat amid Trump tariffs, but may not be down for long appeared first on Belize News and Opinion on www.breakingbelizenews.com.
