Price Increases and Impact
and have significantly increased prices, with some items seeing hikes of over 300% due to new tariffs on Chinese imports.
The tariff changes, part of Trump's trade strategy, have led to costs exceeding the value of some products, more than doubling their price for U.S. consumers.
Strategies and Expectations
To mitigate the impact, Temu had previously urged suppliers to ship goods in bulk to U.S. warehouses, keeping some prices stable temporarily.
As existing inventory depletes, further price increases are expected, potentially altering American online shopping habits and affecting sales for both companies.