Shein and Temu Are in the World’s Crosshairs
- In 2024, billions of low-value parcels, mostly from China, flooded markets like Europe and the US, raising trade and regulatory concerns worldwide.
- This surge results from China's large manufacturing base, weak domestic demand, and government subsidies pushing excess factory capacity into exports.
- Major retailers such as Shein and Temu lead this export wave, prompting countries to consider tariffs, fees, and inspections to protect local industries.
- For example, the EU proposes a $3.50 flat fee on small packages, the US imposes high tariffs, and Japan reviews exemptions on parcels under $108.
- These measures could reshape global trade flows, force supply chain shifts, and impact consumer prices while raising fears of economic harm from unchecked cheap imports.
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Tariffs are hurting Shein and Temu. Here’s where shoppers are looking for deals instead
Data analytics firm Consumer Edge used US transaction data to track shoppers who stopped buying from Temu and Shein and isolate how their spending has shifted. Michael Gunther, the company’s Head of Insights, shares the findings.
·Atlanta, United States
Read Full Article"I Feel Like I'm Getting Caught if I Don't Buy at -40%": Have We Lost the Notion of Fair Price?
DEXYPTAGE - Between the growth of Shein and Temu low-price platforms, the constant promotional pressure or constant fluctuations in labels, it seems increasingly difficult to determine the true value of what is being purchased.
·Paris, France
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Leaning Left3Leaning Right1Center1Last UpdatedBias Distribution60% Left
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C 20%
R 20%
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