Shein and Temu find temporary reprieve as U.S. relaxes tariffs
1. U.S. and China agreed to lower tariffs to 30% for 90 days. 2. Temu and Shein can increase shipments and restock U.S. warehouses. 3. Lower tariffs could result in decreased prices for consumers. 4. Shein expands supply chains to Turkey, Mexico, and Brazil. 5. Amazon and other rivals also expected to ramp up shipments.