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Forbes
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Shein And Temu Will Raise Prices Tomorrow Amid Trump Tariffs—What To Know

1. Shein and Temu will raise prices due to Trump’s tariffs on China. 2. Trump's tariffs on China have risen to a total rate of 145%. 3. Sales for Shein and Temu spiked after tariff announcements last week. 4. Consumers expressed concern over price hikes on social media. 5. Temu is owned by the Chinese company PDD, potentially impacting its operations.

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FAQ

Why Neutral?

PDD's exposure to tariff-induced costs might stabilize demand amidst price hikes.

How important is it?

The tariff situation directly affects the cost structure of PDD's operations through Temu.

Why Short Term?

Immediate consumer reactions could shift buying behaviors temporarily, affecting sales for PDD.

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