In response to President Donald Trump’s prices on goods sent from China, Timo is adding “import charges” of about 145 %, CNBC reports.
The cost of fees costs higher than the products that US consumers are buying, and in some cases it is more than doubling the standard order price. For example, CNBC found that the summer garment sold at TEMU .4 18.47 would cost import charges to $ 44.68 in import charges.
It appears that Shen has also raised prices, but is not implementing imports.
The move comes after a few weeks of Timo and Shen Warned that they were raising prices In response to revenue for US consumers, start April 25.
145 % tariff on products manufactured in China, with a decision to eliminate Trump’s customs exemption, which allowed less than $ 800 to enter US Duty Free, has affected both platforms business models.