Consumer
Shein, Temu Retailers Slapped With 30% Levy on US-Bound Goods
- Vendors got notifications from logistics agents late Wednesday
- Chinese retailers also worried about long logistical delays
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Chinese retailers that sell on Shein and PDD Holdings Inc.’s Temu platform say they have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump earlier this week hiked tariffs on goods imported to the US from China and Hong Kong.
The vendors received notifications about the new prices they would be charged by their logistics agents late on Wednesday night, according to a memo seen by Bloomberg. The extra 30% of the retail value of the goods being sold must be paid in the form of a deposit, which agents will then return or ask to be topped up depending on the actual tax charges from US customs.