Shein, Temu to raise prices as expenses rise while under pressure from Trump's trade policies
1. Temu and Shein to raise prices starting April 25. 2. Rising costs due to Trump's crackdown on low-value imports. 3. Executive order closes loopholes on packages under $800. 4. Price adjustments aim to maintain product quality amid increased expenses. 5. Impact on competitors like PDD possible due to changing pricing landscape.