America's Trade War Is Coming For Gen Z's Favorites

Gen Z could see higher prices in the coming years when they buy from Shein and Temu. Yevgen Romanenko/Getty, Tyler Le/BIMany Gen Zers purchase cheap goods from the Chinese e-commerce companies Shein and Temu.The Biden administration is taking steps to make more Chinese imports subject to import fees.This could make Shein and Temu more expensive for shoppers.Two of Gen Z's favorite shopping platforms for cheap goods could get more expensive in the near future.On September 13, the Biden administration announced it was taking steps to reduce the "abuse" of a trade law that has allowed the goods of many companies, including popular Chinese e-commerce companies Shein and Temu, to avoid taxes and tariffs when they enter the US.

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