If you shop for bargain items on Temu or Shein, brace yourself -- US tariff changes have sent prices soaring. In late April, the Chinese e-commerce giants, known for bargain products, announced significant price hikes, with some items increasing by up to 377%, according to data aggregated by Bloomberg News .

Fast-fashion giants Shein and Temu have significantly ramped up digital ad spending in Europe as U.S. trade barriers threaten their core market. According to Sensor Tower data shared with Reuters, Shein increased its

The administration's elimination of the so-called “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.