Shein and Temu Prices Jump Up 377% Due to Tariffs

vice.comPublished: 5/1/2025

Summary

Trade wars have become a modern-day ghosting tactic, with countries like the U.S. using tariffs to economically "ghost" former allies or enemies, such as China through steep import taxes that skyrocketed prices on low-quality goods from Shein and Temu. The Trump administration's tariffs, including the de minimis revocation in 2025, have particularly hurt these companies by forcing them to abandon duty-free shipments, pushing up costs for consumers. Meanwhile, this recent policy echoes historical economic cruises, like the damaging Smoot-Hawley Tariff of 1930, which prolonged the Great Depression and perpetuates systemic economic inequality.