Shein and Temu, platforms for purchasing low-priced products from China, have started increasing the prices of products sold in the United States after the US abolished the de minimis exemption for products priced below $800. This has created a legal loophole allowing the importation of cheap Chinese products. Prices have been raised in anticipation of the de minimis exemption being completely repealed on May 2, 2025.
Both Shein and Temu have notified customers on their websites that prices will increase due to changes in tax regulations, but they have not provided specific numbers.
CNN cited an example of a swimsuit originally sold on Shein for $4.39, now priced at $9.51 on the website, an increase of over 100%.
Source: Shein, CNN, Quartz
TLDR: Shein and Temu are raising prices on products sold in the US due to changes in tax regulations, with prices expected to continue increasing as the de minimis exemption is phased out by 2025.
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