Temu Halts Shipping Products From China to US: Cites Tariffs

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Temu says it has stopped shipping products from China directly to U.S. customers due to high tariffs and the end of the de minimis provision. The popular Chinese marketplace now shows items as “sold out” on its site if the items are directly sold from China to US consumers.Temu has dramatically changed its site to affect US customers in the past week due to the reeling Chinese tariffs. Just this past week, Temu added “import charges” of around 145% to products, surging its prices. Some of the fees range between 130% and 150%, more than doubling the cost of those items.“Items imported into the U.S. may be subject to import charges. These charges cover all customs-related processes and costs, including import fees paid to customs authorities on your behalf,” Temu said last Friday. “The amount listed may not represent the actual amount paid to customs authorities.” Additionally, Additionally, Temu has cut its online ad spending in the U.S. since Trump announced sweeping tariffs. The company’s shopping app used to be a trending application on the App Store nationwide. Now, Temu’s app sits outside the top 70.US Tariffs on China Impact TemuThe US hiked its tariffs on China to 145%, as the two countries have repeatedly stalled trade talks. On Friday, the WSJ reported that China has offered to address the ongoing fentanyl crisis to revive US trade talks. Indeed, Beijing is reportedly exploring ways to address the Trump administration’s concerns over China’s role in the drug trade. Chinese president Xi Jinping’s security head, Wang Xiaohong, has been in talks with the US regarding a trade deal. Now, those discussions have evolved this week. China is looking to address the concerns from the Trump administration. Specifically, “when it comes to the chemical ingredients used to make fentanyl,” sources say.Also Read: De-Dollarization: Nigeria Regrets Ditching the US Dollar For TradeAccording to CNBC, A Temu spokesperson said that all sales in the U.S. are now handled by local sellers and fulfilled “from within the country” as part of the company’s efforts to improve service levels. It said pricing for U.S. shoppers “remains unchanged.” “Temu has been actively recruiting U.S. sellers to join the platform,” the spokesperson said. “The move is designed to help local merchants reach more customers and grow their businesses.”While the tariffs still exist, prices for items exported to the US from China will likely remain on the verge of surging.Source link