As the U.S. prepares to impose tariffs on small packages, fast-fashion giant Shein has increased prices across various product categories, highlighting the potential impact of trade tensions on American consumers. Recent data shows significant price hikes, with the most notable increases occurring last week.
Beauty and health products saw an average price increase of 51% compared to the previous week, with some items more than doubling in price. Home goods and toys experienced an average rise of over 30%, with a 10-piece kitchen towel set skyrocketing by 377%. Women's clothing saw a more modest increase of 8%.
This price adjustment comes in response to the U.S. government's decision to remove certain exemptions for small packages, which subjects e-commerce platforms like Shein and Temu to tariffs as high as 120%. Additionally, starting in May, the U.S. will raise the fee for each package to $100, with further increases planned for June.
