Nomura estimates that a blanket ban on de minimis imports from China could shrink the country’s annual export growth by 1.3% and reduce its GDP growth by 0.2%. For companies like Temu ...

Newsweek reached out to the White House, Shein and Temu for comment via email. The president announced blanket tariffs on imports from Canada, China and Mexico to go into effect Tuesday.

The figure is 14%. Consumers shopping on Amazon and low-cost retailer Temu are often comparing goods between the two online sellers, but price seems to win out, a new study and survey has found.