Fashion giant Shein is increasing US prices by as much as 377% due to upcoming tariffs on imported goods, a move that could impact American consumers. The company’s decision comes ahead of the impending trade war with China, which aims to slap duties on small parcels entering the country. This early indication suggests how the escalating global tensions might affect consumer spending and prices for everyday items.
Source: https://www.bloomberg.com/news/articles/2025-04-27/shein-hikes-us-prices-as-much-as-377-ahead-of-tariff-increases