US shoppers pay for Trump tariffs on Temu, as Shein also raises prices
Tuesday, 29 April 2025 () US shoppers pay for Trump tariffs on Temu, as Shein also raises prices Shipped-from-China items on Temu’s bestsellers list come with taxes exceeding the value of the product A look at 14 shipped-from-China items on Temu’s bestsellers list showed taxes exceeded the value of the product. A US$19.49…
Prices for baby gear are soaring, and CEOs say tariffs from former President Trump are to blame. While the government pushes for higher birth rates, parents are facing rising costs on essentials like strollers and car seats. Veuer’s Maria Mercedes Galuppo has the story.
President Trump is under pressure from U.S. automakers to walk back planned tariffs on car parts imported from China. While some exemptions may be granted, key 25% tariffs on foreign-made cars and..
Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions. The collapse follows Trump’s sweeping tariff move and China’s..