After warning a hike was coming, the ultra-cheap Chinese retailers are no longer so ultra-cheap. The increase comes ahead of the end of the de minimis exemption on May 2nd, at which point their low-value, direct-to-consumer packages will be subject to a 120 percent tariff.
TikTok says it’s also raising prices on “impacted products” sold through the video app, while AliExpress warns of both raised prices and delivery delays.
[asia.nikkei.com]














