Shein and Temu aim to move production to avoid US tariffs

Between the uncertainty around the US tariffs, Shein and ago reported working with their suppliers to transfer Chinese production.
ECOMMERCE keys are made because Trump administration considers the future of De MiniMis Exemption that allows packages to cost less than $ 800 to enter the US with no tariffs, the Wall Street Journal, the Wall Street Journal, the Wall Street Journal reported Friday (Feb 14).
After announcing it will eliminate the round of packages from China, the administration later stops the order until the US runs a way to process the small packages, according to the report.
Implementing new US duties will eliminate the price with charge Shein and Temu now with US competitors, the report says.
Meanwhile, Shein works to diversify the chain supplies through the products of flow from, and build warehouses in, countries other than China, according to the report.
Temu answered the uncertainty around the tariffs by raising prices and by keeping suppliers in the United States inventory, the report says. More than one third of the products sold by US consumers have been fulfilled in the inventory held by the US that the company is also sold in countries other than US
The amount of imports from China entering the US under De Minimis Exemption has reached $ 46 billion in 2024, and 30% of packages from Shein and Temu.
It is reported February 7 that the execution of TARIFF In small packages US imported from China’s lead to Shein to consider cutting the appreciation of a public public potential (IPO) at around 25%.
The company can cut its value at $ 50 billion, falling from $ 66 billion where it is appreciated by a 2023 fund fund.
It is reported Tuesday (Feb 11) Temu overhafe to its Chinese Providing Chain can lead to higher prices on this platform.
With Temu that turns off a model where the merchants are allowed to handle things like buying price, shipping and selling, traders, merchants, traders, traders, traders, traders, traders , merchants, merchants, traders, merchants, traders, merchants, merchants, traders, traders, merchants, traders will lose economies of the company.
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