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Posted on 04/29/2025 7:16:19 PM PDT by daniel1212
according to Bloomberg News.
Most of the hikes in US prices came on Friday, with markups significantly higher in some categories than others, according to data compiled by Bloomberg News. The average price for the top 100 products in the beauty and health category increased by 51% from Thursday, with several of the items more than doubling in price. For home and kitchen products and toys, the average jump was more than 30%, led by a massive 377% increase in the price of a 10-piece set of kitchen towels. For women’s clothing the rise was 8%.
E-commerce shopping platforms like Shein and Temu face a 120% tariff on many of their products due to the US government’s decision to end the “de minimis” exemption for small packages from mainland China and Hong Kong. Exporters in recent years had capitalized on the exemption, which allowed goods valued at under $800 to enter the US without tariffs or customs duties. Washington will also increase the per-postal-item fee on goods entering after May 2 to $100 and even higher after June 1.
Temu appears to be taking a slightly different approach, tacking on import charges at checkout.
For example, a popular 14-in-1 power strip was listed for $19.34 on Monday but costs $48.32 after $27.49 in import charges are added to the bill.
Treasury Secretary Scott Bessent ..pointed out that the US is “the deficit country” because “they sell almost five times more goods to us than we sell to them. So, the onus will be on them to take off these tariffs. They’re unsustainable for them.”
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Thank you very much and God bless you.
Thank God for what we have and can get.
Oh no, I will have to buy American. The horror of it all. How will I ever go on?
🥱
What we are talking about here are Chinese based online e commerce networks who direct sell to US consumers.
They are not even US based retailers like Walmart who at least have some claim to some economic benefit to America
$100.00 will only get you a few packs of gum in Chinatown now. It’s insane.
$100.00 will only get you a few packs of gum in Chinatown now. It’s insane.
I have never purchased at those places.
So I do not feel the pain!
But, I would say, Trump will get them out of business. I will not miss them at all!
Are they selling things we really need?
And?
I HATE all of the FUGLY TEMU ads all over the net and have never nor shall I EVER buy anything from them! I hope they go out of business!
You and I can’t be the ONLY ones, either.
Thank God I stocked up on my supply of temu “I love Milfs” baseball caps last fall.
I bought myself an electric Breville Hot Wok several years ago, and love it. One of the best purchases I ever made.
Me either. I have never even heard of Aliexpress.
Things made in China are junk anyway and that’s why I don’t do Walmart or Target and am very selective when I shop Amazon.
Ho-hum. Still do not have my attention or concern. They can keep their junk. Others should adopt the same attitude about this.
What about mail order bald cream?
Just remember that tall bldg in Thailand that collapsed in seconds during the earthquake, when you make your purchases.
I’ve NEVER bought anything at all from TEMU nor Aliexpress and the ONLY reason I know about either of these places is” 1) TEMU floods the net with ads for really UGLY CRAP 2) some of the watercolor video creators whom I watch talk about where one can buy certain products ( Aliexpress ), but I have NOT and NEVER shall buy ANY paint, brushes, nor paper that is made in China!
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