Shein and Temu raise prices in response to Trump tariffs
Verge5 days
Trump Tariffs Force Temu, Shein to Double US Prices on Multiple Products
Above: This image illustrates a smartphone with the apps for the Chinese-owned businesses Shein and Temu. Image copyright: Justin Sullivan/Staff/Getty Images News via Getty Images
The Spin
Pro-Trump narrative
The tariffs are necessary to protect American industries and force China to negotiate fair trade practices that will benefit U.S. workers and reduce the trade deficit with Beijing. The temporary price increases and supply chain disruptions are worth enduring to achieve long-term economic security and bring manufacturing jobs back to America.
Democratic narrative
The excessive tariffs are causing unnecessary inflation and hurting American consumers, particularly low-income shoppers who rely on affordable goods. The disruption to established supply chains and dramatic price increases will damage the U.S. economy while failing to achieve meaningful changes in trade relations.