Shein and Temu Purchases Now Cost a Lot More – Unless You’re in Europe – ryan

European Consumers Now Face a Far Smaller Charge on Imports from Chinese Retaillers Than Shoppers in the US.

The European Union Said on Tuesday It Will Start Imposing A Flat Fee of 2 Euros ($ 2.26) on Parcels Worth Than 150 Euros Imported into the Bloc.

About 4.6 Billion Parcels Entered the Eu Last Year, with the Vast Majority Coming from China.

Earlier this month President Donald Trump Reduced the Tariffs on Chinese Imports from 120% to 54%, and Maintained the Flat Fee of $ 100 Per Postal For Packages Worth Than $ 800.

Europe’s Move is a Blow to Chinese Fast Fashion Giants Such as Shein and Temu, but less so than ending the “de minimis” loophole that hasded us import ditses to be avoided.

Customs and Border Protection Data Shows that de minimis Shipments Account for More than 90% of All Cargo Entering the US.

Trump’s Move Means Consumers Cannot Expect A Return to the Golden Era of Cheap Clothes and Fast Delivery.

Rebecca homkes, a lecturer at London Business School, Said: “Consumers Will See Higher Prices and Potentially Longer Shipping Times as Shein and Move from Direct Shipping to Sending Volumes of Goods in Containers to the USA to Be Re-Sent from their USA.”

In the meantime, shoppers are like to face fewer options, longer Wait Times, and Fewer Bargains.

“The Pain Will Be Suferered by Lower-Incoms Households who relied on Small Parcels from abroad to stretch the family budget,” Said Gary C. Hufbauer of the Peterson Institute for International Economics. “This Will Harm a Lot of People Who Belong to Trump’s Political Base. It Makes No Sense.”

Raj Bhala, Brenneenis Distinguished Professor at the University of Kansas, Said the Previous 120% Level was “Essentially Prohibbit, so tempu and shein cover ino the us.”

There was “Some Chance of Retaillers Not Decoupling Entirely, Spreads IF these retailers can absorb some of that 54% tariff.”